Barista FIRE Target
$0
Needed to semi-retire
Standard FIRE Target
$0
For comparison
Barista FIRE Trajectory
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What is the Barista FIRE Calculator?
Barista FIRE is a hybrid approach to early retirement. Instead of waiting until your portfolio can cover 100% of your expenses, you retire from your stressful career early and take a fun, low-stress, part-time job. The income from this part-time job subsidizes your portfolio withdrawals. The term originated in the US, where people took part-time jobs at Starbucks specifically for the health insurance benefits, but in your country, it is purely about the supplemental income.
How to Use This Tool
- Expected Part-Time Income: This is the game-changer. Notice how entering even $20,000 of part-time income drastically reduces your required portfolio target.
- Target Annual Spending: Your total desired budget.
Frequently Asked Questions
How much does part-time income reduce my FIRE number?
By a massive amount. At a 4% withdrawal rate, every $10,000 you earn in part-time income reduces your required portfolio target by $250,000 ($10,000 / 0.04).
Does freelance work count as Barista FIRE?
Yes! Barista FIRE encompasses any form of income generated after leaving your primary career. This includes freelance consulting, gig work, monetizing a hobby, or working part-time at a local shop.