Best Index Funds for FIRE
The FIRE movement runs on index funds. They're low-cost, diversified, and have historically returned 7-10% annually. Here's exactly what to buy.
The Three-Fund FIRE Portfolio
| Fund | Ticker | Expense Ratio | Allocation | Purpose |
|---|---|---|---|---|
| Vanguard Total Stock Market | VTI | 0.03% | 60-70% | US equity growth |
| Vanguard Total International | VXUS | 0.07% | 20-30% | Global diversification |
| Vanguard Total Bond Market | BND | 0.03% | 10-20% | Stability and rebalancing |
Total portfolio cost: Under 0.05% annually. Over 25 years, a 0.05% ER portfolio costs ~$19,000. A 1% active fund costs ~$340,000. The difference is your FIRE number.
Fidelity and Schwab Equivalents
| Vanguard | Fidelity | Schwab |
|---|---|---|
| VTI | FSKAX (0.015%) | SWTSX (0.03%) |
| VXUS | FTIHX (0.06%) | SWISX (0.06%) |
| BND | FXNAX (0.025%) | SWAGX (0.04%) |
Recommended Allocation by Age
| Age | Stocks | Bonds | Rationale |
|---|---|---|---|
| 20-30 | 100% | 0% | Maximum growth, decades to recover |
| 30-40 | 90% | 10% | Still growth-focused, small buffer |
| 40-50 | 80% | 20% | Sequence risk approaching |
| 50+ | 70% | 30% | Preservation + growth balance |
| In retirement | 60-75% | 25-40% | Income + inflation protection |
Why FIRE Investors Love VTI
- 3,700+ US stocks in one fund
- 0.03% expense ratio ($3/year per $10,000)
- ~10% historical annual return (since 1992)
- Dividends ~1.5% — reinvest for compounding
- Tax-efficient — low turnover, mostly qualified dividends
International Allocation Debate
Some FIRE purists (JL Collins) say VTI is enough — US companies already have global exposure. Others (Bogleheads) recommend 20-40% international. The data:
- VXUS has underperformed VTI for the last 15 years
- Historically, US and international take turns leading
- 20% international is a reasonable hedge without dragging returns
Choosing between account types is just as important — compare options in our Roth vs Traditional for FIRE guide.
The FIRE Accumulator's Checklist
- Open brokerage + Roth IRA at Vanguard, Fidelity, or Schwab
- Buy VTI (or equivalent) — set and forget
- Add bonds (BND) when 10-15 years from FIRE
- Reinvest all dividends automatically
- Never panic-sell during market drops — keep buying
Compound Interest Calculator Investment Fee Impact
Ready to begin your journey? Our how to start FIRE guide covers everything from your first dollar to your first day of retirement.
Sources
- Vanguard Total Stock Market ETF (VTI) — Low-cost US total market index fund favored by FIRE investors
- Bogleheads Wiki on Index Funds — Comprehensive guide to index fund investing principles