Following on from my post on which bloggers to follow, I wanted to compile a list of one of my tribes. And with the Royal Wedding even getting this republican to shed a tear, I thought let’s be patriotic and look at UK FIRE bloggers.
A subset of UK personal finance bloggers, FIRE bloggers are people who are charting their progress to early retirement or financial independence. Known by the acronym FIRE – Financial Independence, Retire Early – these bloggers are like me saving and investing a larger than average proportion of their income so work becomes optional in the future. Some of us dream of travelling and adventure, others want to pursue more creative or voluntary pursuits, once we don’t have to work for money anymore.
We’ve all got our own plans to get there, with much variety in investment approaches visible – however index investing and real estate are solid favourites amongst the tribe. Many of us follow the 4% rule, or a more conservative approach, investing enough that we can live on 4% of our total invested assets. Others have real estate holdings that generate rental income which covers their living expenses. On the expenses and spending side, we FIRE bloggers skew towards the frugal, with annual expenses around the £30k mark being common. Blogger to blogger this number varies from leanFIRE (generally <£20k) to fatFIRE (>£90k). And some people are supporting families on these numbers, and some individuals – the devil is in the detail. [Feel free to debate these numbers, these are just my line the sand numbers].
Diversity of FIRE Bloggers
One of the main criticism of the FIRE bloggers is that we are not accessible or relatable. However I’d recommend having a look through the listings below, and you are likely to find at least one FIRE blogger you have things in common with. I’m including everyone on the journey, from those at the Spark stage, thinking about FIRE, to the majority on the journey, and even a few that have made it to the work optional stage as an inspiration for us (or a cautionary tale of one more year syndrome).
I’ve found the majority of bloggers are male, and there is more than a tinge of misogyny around. And as always, I’ve overlayed my feminist perspective here – feel free to disregard those comments if equality is not your thing.
And if you are thinking of starting becoming a new FIRE blogger to document your journey, please do! We need more diverse people in the community, and for people at all stages of the journey to start sharing their progress and talking openly about money.
People who have reached their number and don’t need to work for money
- He has made it out from his prison camp and retired at 43, now enjoying his freedom.
- He came to FI accidently, but is making the most of it.
- Follow RIT’s epic journey of one more year and his plans to find the perfect retirement spot.
- Ermine runs a long-standing blog on living on less and enjoying not having to work – originally in Suffolk now in Somerset.
- Slow Dad shares his philosophy and how he became financially free by 40.
- Jim chronicles his early retirement, then his return to the workforce here.
- Erith retired at 56, and blogs about her investments and enjoying retirement from working life.
- Huw achieved FI at 34 from kindle publishing and an inherited property. He writes about his goals and progress in Personal Development, Finance and Fitness.
- Meet Jo 46, who has dossing for quite some time now. Mark,52, joined the party in 2011. Not liking the response when they say they are FI – so they are both dossers,
- Flint is financially independent in his twenties from an online business – showing Tim Ferris’s 4 hour work week principles in action.
- Sometimes I find his blog how the other half live, other times I’m riveted by the alternate investing ideas. Either way, it’s a great read and insight into a high net worth individual.
People – like me – on the journey to FI
High – Very High-income folks (we’re talking > £100k a year here)
- An interesting perspective on high earners, taxes and lifestyle – I agree with lots of his points, but sadly we don’t see eye to eye on the existence of the gender pay gap.
- Michael blogs about life hacking, and topics such as personal finance, investments, savings and occasionally, career stuff. He aims to escape the day job and retire early in 5-7 years.
More Moderate income folks
- A captivating story from her journey as a teenage mum, to now trying to find a place to retire to in the UK.
- Weenie is a fabulous role model, a SINK who paid off all her debts at 40 and now aims to retire by 2025, while also enjoying life and drinking good beer.
- A 40 something single parent, on track to retire early in 3 years.
- Guy graduated not that long ago, and has managed to cram a lot in, travel and buy a house so far. He’s not planning to work for 40 more years, so is saving money while enjoying life.
- 31-year-old aiming to be FI by 45, and blogging from a woman’s perspective on this journey.
- 45-year-old looking to retire by 50, and on a journey to make it happen.
- A married couple in their 40s with 6 kids, aiming to retire in 8 years and also set their kids up on the FIRE path.
- Aiming to retire before 50 from teaching.
- Journalling a change from living it up to saving for retirement.
- Long-standing FIRE blogger on a journey to FI on a moderate income.
- A healthcare professional looking to save funds for future sabbaticals or part-time working to pursue adventures and expositions – a noble goal.
- 32 year old in Northampton journaling to FI and deliberate living.
- Making the first steps towards FIRE, and blogging the process.
- DINKs in their 30’s working towards financial independence.
- Chris shares his thoughts, ponderings and feeling about my journey through Financial Independence and life in general.
- A serving police officers, documenting his way to FI.
Can we grow the UK FIRE movement?
As you can see above, there are many different UK FIRE bloggers, and I hope you can find someone that you click with. I’d also encourage you to read a few bloggers where your opinions differ and use as an opportunity to learn from another perspective. You don’t have to agree or change your stance, but just listen to the journey from their walk in their mocassins.
I always take the opportunity to aspire to people ahead of me on the journey. I use this as a way to understand their challenges and wins. Then I can use them as learning for myself and my journey. Hence I can be more prepared when I get to their stage of FI. And as a committed feminist, I also feel it’s critical I also provide encouragement and give support to those following behind me. We’re all on the journey together.
Over to you
- Have I missed any UK FIRE bloggers?
- Do you follow many other UK FIRE bloggers?
- Do you like to follow people at the same stage of the journey as you?
- What level of expenses do you think is leanFIRE/fatFIRE in the UK?
- And the average FIRE blogger expenses?
Looking forward to your thoughts and ideas – all are welcome.