2M is the New 1M: Recalculating Your FIRE Number for 2026 Realities

The FIRE community is recalculating. Wealth targets once set at $1M to $1.5M are now climbing toward $2M to $2.5M. Some pursuing Chubby FIRE are targeting $3M+. What changed?

Why the Number Keeps Growing

Several factors have compounded:

  • Inflation (cumulative 20%+ since 2020)
  • Healthcare costs (ACA premiums up 26% in 2025 alone)
  • Sequence of returns concerns
  • Longer potential retirement (40-50 years)

Stress-Testing Your Number

2026-02-01 custom "fire-stress-test" "scenarios"
  ; Conservative scenario (3.25% withdrawal)
  portfolio-needed-conservative: "2461538 USD"  ; $80K expenses
  
  ; Traditional (4% withdrawal)
  portfolio-needed-traditional: "2000000 USD"
  
  ; Aggressive (4.5% withdrawal)
  portfolio-needed-aggressive: "1777778 USD"
  
  current-portfolio: "850000 USD"
  years-to-conservative: "12"
  years-to-traditional: "10"

The Variables Query

SELECT 
  YEAR(date) as year,
  SUM(position) FILTER(WHERE account ~ "Expenses" AND NOT account ~ "Tax") as spending,
  SUM(position) FILTER(WHERE account ~ "Assets:Investments") as invested
WHERE date >= 2020-01-01
GROUP BY year
ORDER BY year

Are your expenses growing faster than your investments?

Healthcare Inflation Modeling

2026-02-01 custom "healthcare-projection" "to-65"
  current-age: "45"
  retirement-age: "50"
  medicare-age: "65"
  years-without-medicare: "15"
  
  current-annual-premium: "14400 USD"  ; $1200/month
  inflation-rate: "7%"
  year-15-premium: "39654 USD"  ; Compounded
  total-healthcare-cost: "389000 USD"  ; Sum of 15 years

Recalculating Annually

Your FIRE number is not static. Review yearly:

2026-01-01 custom "fire-review" "annual"
  last-year-target: "1800000 USD"
  this-year-target: "2100000 USD"
  increase: "16.7%"
  reason: "Healthcare cost revision + inflation adjustment"

Questions

  1. How often do you recalculate your FIRE number?
  2. What variables have changed most for you?
  3. Are you targeting a specific withdrawal rate?