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Retirement Discussions / FIRE Wannabees

URL:  http://boards.fool.com/stage-1-you-spend-less-than-you-earn-and-save-19460030.aspx

Subject:  Re: FIRE checker for Fools Date:  8/15/2003  12:08 AM
Author:  FoolStreet Number:  401 of 5088

Stage 1: You spend less than you earn and save the difference. You are accumulating wealth.

Stage 2: Your savings appreciates in value (not including new contributions) an equal or greater amount than what you contribute. i.e. You have a $100,000 port earning 10% and your annual savings are $9000. Your port is appreciating by more t