π₯ #39 FAANG FIRE: Financial Freedom & Avocado Toast
Hey everyone --
In our latest episode of Techonomics, we dive into the world of financial independence and the FIRE (Financially Independent, Retire Early) movement with Andre Nader, a semi-retired techie turned writer of FAANG FIRE.
Andre shares his journey from tech to his FIRE lifestyle and opens up about his transition from a 15-year career, including a decade at Meta, to a semi-retired life focused on writing, being a father, and exploring his passions. He details how the concept of FIRE has shaped his financial decisions since 2012, including his philosophy on what's worked for him and what hasn't as he reached his "enough" number.
Andre also delves into what semi-retirement means for him, the financial calculations behind achieving FIRE, and personal finance tips ranging from managing tech salaries to dealing with the unknowns of healthcare costs and inflation.
If you've ever thought about what it would take to retire early, this episode is for you.
Key Themes from the Episode
- The importance of defining your financial "enough" and how it can change over time.
- Why Andre prefers the conservative 3% rule for FIRE, ensuring a 33 times annual spend in savings.
- The significant role that lifestyle choices and priorities play in achieving financial independence.
- Insights into the various flavors of FIRE, from traditional to FatFIRE, and even Andre's concept of AvocadoFIRE.
Connecting with Andre
Curious about Andre's work? You can follow his journey and insights at faangfire.com or connect with him on LinkedIn (Andre Nader).
Enjoy!
β Jake & Arun