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Bookmark or Share- What is the difference between Coast FIRE and Barista FIRE?Both involve taking up a lower paid, possibly part time job. Barista FIRE means you are withdrawing money from your portfolio, but supplementing it with income. Coast FIRE means you don't touch your portfolio but you dial your employment back to cover your expenses only. Once the portfolio grows to cover your full expenses, you are FI.
- Can someone explain barista fire to me? : r/baristafire - RedditBarista Fire - Technically this is where you're starting to withdraw some money from your nest egg, but you're supplementing it with some sort of low paid job. Doesn't need to be being a barista, could be any low paying job you use to supplement your withdrawals, often (but not always) until social security or a pension or something kicks in.
- What are some cool Barista FIRE jobs? : r/Fire - RedditDefinitely not a job for those who want to “coast”. The title of the post literally uses the term “Barista” FIRE. OP has a lucrative side hustle. He’s looking for a fun part time job that doesn’t interfere with his side hustle. Woodland firefighters work 100 hour weeks, in locations without internet.
- Is this barista fire projection realistic? : r/singaporefi - RedditBarista FIRE is a subset of the FIRE movement where you don't need a full time job but still need some form of part-time work (like being a barista, as its name suggests) to cover expenses on top of your investment drawdown or payout.
- How do you calculate your Barista FIRE number? : r/baristafire - RedditOther FIRE numbers seem more straight forward to me: - Normal FIRE = 25 x annual expenses (4% rule) - Coast FIRE = divide your Normal FIRE number by (1 + annual rate of Return)^ (Time). What about Barista FIRE, also would love to hear what numbers others are trying to get to if you are willing to share, thanks! Share. Add a Comment.
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