Calculate current net worth — assets minus liabilities baseline
5wGoal setting
Define FIRE number — target portfolio value for financial independence
5wGoal setting
Optimize tax-advantaged accounts — 401(k), IRA, HSA strategy
4wOptimizing
Track monthly savings rate — target 50%+ of gross income
3wTracking
Investment portfolio allocation — index funds, bonds, and rebalancing plan
3wOptimizing
Side hustle or income stream diversification — $X/month goal
8Goal setting
FIRE milestone tracker — celebrate every $100K saved
Reviewing
Reduce expense ratio on investment accounts — audit fees
5w
Emergency fund check — 6 months of expenses in high-yield savings
13
FIRE simulation — run Monte Carlo projections
3
Health insurance strategy for early retirement
8
Coast FIRE calculation — when can I stop contributing?
3w
Backdoor Roth IRA conversion steps
8
Barista FIRE — part-time work options for healthcare coverage
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FIRE Financial Independence Plan

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