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Subject:  Re: A visual tool Date:  9/4/2003  10:30 AM
Author:  GusSmed Number:  665 of 5232

May I suggest using a net worth vs. FIRE number percentage, instead of a fixed number? I say that because if FIRE is more than a few years off, you may find that inflation is moving the target for you, and you'll have to start adding links to the far end of the chain, which isn't fun. A sliding scale probably does not make sense, despite what Zach says, because the rate of increase probably only doubles every 10 years or so.

If I were to make such a thing, I'd have 1% links, I'd currently have 54 links left, and I'd expect to tear up about 8 links over the next year, a bit less than 1 per month.

Certainly the 50% mark is something to celebrate.

- Gus
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