| name | financial-independence-plan |
| description | Guided workflow for creating a comprehensive financial independence plan from current financial assessment through budgeting, investment strategy, tax optimization, and timeline projection. Covers the FIRE methodology adapted for individual circumstances and risk tolerances.
Use when the user wants to financial independence plan or needs a structured multi-step process for this goal.
Do NOT use when the request is a single-step task or requires professional advice beyond educational guidance. |
| license | Apache-2.0 |
| type | workflow |
| skills | fire-planner expense-analyzer index-fund-strategist tax-assistant |
| trigger_phrases | I want to achieve financial independence help me plan for FIRE how to retire early create a financial independence plan build wealth for early retirement how long until I can retire |
| metadata | {"author":"foundry-skills","version":"1.0.0","tags":"investing budgeting retirement-planning savings step-by-step planning","category":"business-operations","depends":"fire-planner expense-analyzer index-fund-strategist tax-assistant"} |
Financial Independence Plan
This workflow references financial information for educational purposes only. It is not financial advice. Consult a qualified financial advisor before making major financial decisions.
Estimated time: 3-6 weeks
Financial independence is the point where your investment income covers
your living expenses, making work optional. This workflow guides you through
the systematic process of assessing your current position, optimizing your
budget for maximum savings rate, building an investment strategy, optimizing
for tax efficiency, and projecting your timeline to financial independence.
This is not a get-rich-quick scheme. Financial independence typically takes
10-25 years of disciplined saving and investing. The workflow is honest
about the math while helping you optimize every variable in the equation.
By the end of this workflow you will have: a complete financial snapshot,
an optimized budget, an investment strategy, a tax optimization plan, and
a projected timeline to financial independence.
When to Use
- User wants to financial independence plan
- User needs a structured, step-by-step process for financial independence plan
- User wants to achieve financial independence
- User wants to plan for FIRE
- how to retire early
- Do NOT use when: the request is outside the scope of financial independence plan or requires professional advice beyond educational guidance
- Do NOT use for single-step tasks that one atomic skill can handle independently
Prerequisites
Before starting this workflow, ensure:
- Stable income (employment, self-employment, or business)
- Basic financial accounts (checking, savings, at least one investment account)
- Willingness to track spending and make budget adjustments
- Long-term mindset and patience (this is measured in years, not months)
- No specific savings amount required (the workflow works from any starting point)
Steps
Step 1: Assess Your Current Financial Position (uses: fire-planner)
conduct a comprehensive financial assessment.
This is the foundation every other step builds on.
- Input: income (all sources), Current savings and investment account balances, Monthly expenses (rough estimate is fine -- Step 2 will refine)
- Output: Complete net worth, income, and expense summary, Target financial independence number with methodology, Current savings rate with breakdown
- Key focus: Net worth calculation (all assets minus all liabilities)
Step 2: Optimize Your Budget for Savings Rate (uses: expense-analyzer)
