FIRE Number for Reno, United States

Housing takes over a third of the budget at around $1,250 for a one-bedroom in Midtown, and you need a car for daily life and Tahoe trips. You cook at home most nights and eat out casually a couple of times a week. The free hiking in the Sierra foothills and walks along the Truckee River keep things enjoyable. No state income tax helps, but this is a tight budget for Reno's rising costs.

A three-bedroom home in Somersett or Caughlin Ranch with Sierra views, ski passes at multiple resorts, and regular dining at places like The Depot and Campo. A late-model SUV handles mountain roads year-round. Tahoe is your regular weekend destination, and the budget leaves margin for travel and savings. No state income tax saves thousands annually compared to California.

A large estate in Montreux or Arrowcreek with panoramic Sierra views, a lakefront property near Tahoe, full-time domestic help including a housekeeper and property manager, and a cook who comes in several times a week. First-class travel, concierge healthcare, and fine dining whenever you like are all comfortable. Zero state income tax on every dollar withdrawn makes this one of the more tax-efficient places to hold a large portfolio.