Stage 7: LEAN F.i.r.e

Lean F.I.R.E is the third stage of financial independence, this stage will allow you to retire early as long as you are frugal with your spending. Depending on your lifestyle Lean F.I.R.E should cover all your daily expenses as long as your unnecessary spending is managed and budgeted for.

Your goal in this stage is to scale your investments and grow your portfolio. In this stage it may be beneficial to leverage relationships you have built with other investors or people in your life to increase your knowledge or ability scale your portfolio and reach Stage 8: Regular F.I.R.E.

During this stage the main priority is to continue investing and find ways to scale your investments.

At this stage you may choose to become a full time investor.