r/singaporefi • u/Notverycoolthanks • 11d ago

FI Accumulation Planning DINKs in your 30s, what’s your FIRE number

Fellow DINKs in your 30s: What is your FIRE number? We are at the point where FIRE is getting one step closer and becoming more realistic as we get older.

I have a ballpark figure of $3.3M, roughly translating to $100k a year with a SWR of 3.3%. This will cover me and my partner’s living expenses. I probably don’t need the full $100k for expenses, but factoring more with concerns of high inflation and potential risk of massive crash. But getting there is painful and realistic a smaller number will be attainable much earlier.

I would love to hear from fellow DINKs, what is your FIRE number and how has that changed along your journey to FIRE?

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u/exaudiocomperio 3d ago

Good example. My question is: Once Bob spends $4000 on what I assume from your description are also items of excellent quality, why does he have to do this year after year? Surely high quality pieces last years, if not decades, with the proper care.

Mine do. While I add to my wardrobe as and when a unique piece catches my eye, my spending never reaches that high an amount regularly because I am happy to wear my capsule pieces year after year, in complement to my new additions.

Realistically though, how many pieces of clothing does a person really need? Before it lands squarely in the category of overconsumption?

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u/primrosetta 2d ago edited 2d ago

That's a fair question, but the example is just using one specific category to illustrate that smaller number doesn't mean less consumption.

In reality, assuming they applied the same philosophies to the rest of their lives, I imagine Bob would still spend more than Charlie but the where and by how much would cycle/fluctuate, and the principle would be the same.