I hear the term Fat Fire and frankly wonder what defines this? I know I am not the norm, but also know from reading various posts there are Fat Fire brethren out there on this site. While a "relative frugalist" at heart, I have been fortunate to make a nice living and pack away some dough in the process. Applying the same principles as most on this site, I plan for Fat Fire when I retire at the end of 2019. I will be going cold turkey, no DW income, no pensions, no grandma mailbox $$, just me and my investments. Will be 55 next year and hope to have kid 3 & 4 off the payroll. I am debating on keeping my remaining home debt in the low 3% range, but will probably pay it off just because I like the idea of zero debt. My planned RE burn right now is $300K/yr (inc taxes), but that includes a significant amount of discretionary. I also think my early years of RE will have the highest burn rate so most likely, my planned spend rate will not run into perpetuity, despite planning for a static + inflation spend. I am really curious as to how the Fat Fires have experienced their expenses after say 5 - 10 years, especially based on a higher burn rate? Are they still spending at the same level or do they hit a wall and find it's a good bit less.
Come on Fat Fires, I know you are out there!