The 5 levels of financial freedom, according to married money coaches, who say they've reached level 3

The Concept of Financial Independence and Retiring Early (FIRE) Explained #

The concept of Financial Independence, Retire Early (FIRE) continues to garner attention from individuals seeking financial freedom. This movement encourages aggressive saving and investing to reach a FIRE number, which is the amount of money one needs to sustain their lifestyle without traditional employment. However, the traditional model of FIRE, which emphasizes minimal living and high salaries, may not be feasible for most people. A couple running The Fioneers proposes five stages of financial independence, including debt freedom, ‘F you’ money, Coast FI, semi-retirement, and full financial independence. Each stage signifies different levels of financial security and freedom.