I’ve read that some people define Lean FIRE as being less than $40k per year. I’ve also read that it’s supposed to be less than $40k per household, meaning $20k or less per person.
I count myself as going after Lean FI, even though I am planning on being single spending about $30k per year.
I have nothing against spending $20k or less per year, I just don’t think it’s realistic for myself. Perhaps if I live abroad in one place?
I definitely do want to live abroad, but I think the flights to all the places I want to live in will increase the cost.
In any case, I can always be free to spend less so long as I have the ability to spend more, if needed.
Leave a Reply