***

####**[First time here? Read the Getting Started Wiki](https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted)**

***


**Welcome to the Australian version of r/financialindependence, a place created for Australians to discuss the concepts of financial independence (FI) and retiring early (RE).** 



You can be financially independent early in life! There is no need to work until to you are 60+ in order to access Superannuation benefits and retire. Why not retire at 45? At 35? Welcome to the concept of Financial Independence.

.

***

####**[Financial Independence Australia Getting Started Wiki](https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted)**

***

***

####**[Our Sub Rules](https://www.reddit.com/r/fiaustralia/about/rules/)**

***
.


Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. This subreddit deals primarily with Financial Independence in Australia, but additionally with some concepts around "RE".

At its core, FI/RE is about maximising your savings rate (through less spending and/or higher income) to achieve FI and have the freedom to RE as fast as possible. The purpose of this subreddit is to discuss FI/RE strategies, techniques, and lifestyles no matter if you're retired or not, or how old you are.

**FI/RE is about:**


* Discovering and achieving life goals: “What would I do with my life if I didn't have to work for money?"

* Simplifying and redesigning your lifestyle to reduce spending.

* Your wants and needs aren't written in stone, and less spending is powerful at any income level.

* Working to increase your income and income streams with projects, side-gigs, and additional effort.

* Striving to save a large percentage (generally more than 50%) of your income to accelerate achieving FI

* Investing to make your money work for you, and learning to manage/optimize those investments for the unique nature of FI/RE

* Retiring Early

**FI/RE is NOT about:**

* Gaining wealth for the purpose of excessive consumption

* Taking the slow road, or the traditional road to retirement




Becoming financially independent requires hard work and a healthy attitude towards money, but also a degree of privilege. 

When participating on this subreddit, please be mindful of the ways in which you are lucky.

To reduce the amount of spam, we have an automod setup to automatically remove posts by accounts that are less than 3 days old or have negative karma. Please come back and post once you meet that criteria.

Feel free to ask advice, give advice & share your journey!
***

**Useful Info**

* [Australian Savings Accounts Interest Rate Comparison](https://docs.google.com/spreadsheets/d/145iM6uuFS9m-Rul65--eFJQq_Au7Z_BA4_CwkYwu2DI/edit?pref=2&pli=1#gid=0)
* [/r/fiaustralia Getting Started Wiki](https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted)

* [Bogleheads wiki](http://www.bogleheads.org/wiki/Main_Page)








***

**Related Subs**

/r/financialindependence

/r/ausfinance

/r/fican

/r/fireuk

/r/frugal



/r/leanfire

/r/personalfinance




**Money Subs**

/r/entrepreneur

/r/forhire

/r/freelance

/r/investing

***

####**[First time here? Read the Getting Started Wiki](https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted)**

***

<div class="md"><hr/>

<h4><a href="https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted">First time here? Read the Getting Started Wiki</a></h4>

<hr/>

Welcome to the Australian version of <a href="/r/financialindependence">r/financialindependence</a>, a place created for Australians to discuss the concepts of financial independence (FI) and retiring early (RE). 

You can be financially independent early in life! There is no need to work until to you are 60+ in order to access Superannuation benefits and retire. Why not retire at 45? At 35? Welcome to the concept of Financial Independence.

.

<hr/>

<h4><a href="https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted">Financial Independence Australia Getting Started Wiki</a></h4>

<hr/>

<hr/>

<h4><a href="https://www.reddit.com/r/fiaustralia/about/rules/">Our Sub Rules</a></h4>

<hr/>

.

Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. This subreddit deals primarily with Financial Independence in Australia, but additionally with some concepts around &quot;RE&quot;.

At its core, FI/RE is about maximising your savings rate (through less spending and/or higher income) to achieve FI and have the freedom to RE as fast as possible. The purpose of this subreddit is to discuss FI/RE strategies, techniques, and lifestyles no matter if you&#39;re retired or not, or how old you are.

FI/RE is about:

<ul>
<li>Discovering and achieving life goals: “What would I do with my life if I didn&#39;t have to work for money?&quot;</li>
<li>Simplifying and redesigning your lifestyle to reduce spending.</li>
<li>Your wants and needs aren&#39;t written in stone, and less spending is powerful at any income level.</li>
<li>Working to increase your income and income streams with projects, side-gigs, and additional effort.</li>
<li>Striving to save a large percentage (generally more than 50%) of your income to accelerate achieving FI</li>
<li>Investing to make your money work for you, and learning to manage/optimize those investments for the unique nature of FI/RE</li>
<li>Retiring Early</li>
</ul>

FI/RE is NOT about:

<ul>
<li>Gaining wealth for the purpose of excessive consumption</li>
<li>Taking the slow road, or the traditional road to retirement</li>
</ul>

Becoming financially independent requires hard work and a healthy attitude towards money, but also a degree of privilege. 

When participating on this subreddit, please be mindful of the ways in which you are lucky.

To reduce the amount of spam, we have an automod setup to automatically remove posts by accounts that are less than 3 days old or have negative karma. Please come back and post once you meet that criteria.

Feel free to ask advice, give advice &amp; share your journey!

<hr/>

Useful Info

<ul>
<li><a href="https://docs.google.com/spreadsheets/d/145iM6uuFS9m-Rul65--eFJQq_Au7Z_BA4_CwkYwu2DI/edit?pref=2&amp;pli=1#gid=0">Australian Savings Accounts Interest Rate Comparison</a></li>
<li><a href="https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted">/r/fiaustralia Getting Started Wiki</a></li>
<li><a href="http://www.bogleheads.org/wiki/Main_Page">Bogleheads wiki</a></li>
</ul>

<hr/>

Related Subs

<a href="/r/financialindependence">/r/financialindependence</a>

<a href="/r/ausfinance">/r/ausfinance</a>

<a href="/r/fican">/r/fican</a>

<a href="/r/fireuk">/r/fireuk</a>

<a href="/r/frugal">/r/frugal</a>

<a href="/r/leanfire">/r/leanfire</a>

<a href="/r/personalfinance">/r/personalfinance</a>

Money Subs

<a href="/r/entrepreneur">/r/entrepreneur</a>

<a href="/r/forhire">/r/forhire</a>

<a href="/r/freelance">/r/freelance</a>

<a href="/r/investing">/r/investing</a>

<hr/>

<h4><a href="https://www.reddit.com/r/fiaustralia/wiki/index/gettingstarted">First time here? Read the Getting Started Wiki</a></h4>

<hr/>
</div>

t5_39zkf

Welcome to the Australian version of r/financialindependence, a place created for Australians to discuss the concepts of financial independence (FI) and retiring early (RE).


You can be financially independent early in life! There is no need to work until to you are 65+ in order to access Superannuation benefits and retire. Why not retire at 45? At 35? Welcome to the concept of Financial Independence.

<div class="md">Welcome to the Australian version of <a href="/r/financialindependence">r/financialindependence</a>, a place created for Australians to discuss the concepts of financial independence (FI) and retiring early (RE).

You can be financially independent early in life! There is no need to work until to you are 65+ in order to access Superannuation benefits and retire. Why not retire at 45? At 35? Welcome to the concept of Financial Independence.
</div>

This subreddit relates to Financial Independence / Retire Early (FIRE) in Australia. All posts should related to FIRE, or relevant finance / investing /saving that is related to FIRE.

**Sub Rules
1. Be Civil: No rude language, shaming, trolling etc.
2. No advertising, self-promotion, solicitation or spam.
3. Posts should be relevant to Financial Independence Australia.**

To reduce the amount of spam, we have an automod setup to automatically remove posts by accounts that are less than 3 days old or have negative karma. Please come back and post once you meet that criteria.

<div class="md">This subreddit relates to Financial Independence / Retire Early (FIRE) in Australia. All posts should related to FIRE, or relevant finance / investing /saving that is related to FIRE.

Sub Rules
1. Be Civil: No rude language, shaming, trolling etc.
2. No advertising, self-promotion, solicitation or spam.
3. Posts should be relevant to Financial Independence Australia.

To reduce the amount of spam, we have an automod setup to automatically remove posts by accounts that are less than 3 days old or have negative karma. Please come back and post once you meet that criteria.
</div>

Is it good to buy property (any property) now?