Many people around me are saying US based index funds is enough coverage to FIRE but I want to know if it’s worth diversifying even more, maybe 10-20%?
I am not your financial advisor. Be wary of anyone who recommends against diversififying your portfolio, as they either have an agenda, or have gotten their advice from a chain that begins with someone who does. In general, emerging markets are going to be a lot more volitile, and sometimes can crash entirely (examples include Venezuela and Sri Lanka), but if you invest smartly you should see average performance that exceeds a mature market like the one in the US.
I would recommend checking out robotraders such as Wealthfront, Betterment, Fidelity, etc. These services have algorithms that are more effective than you or I, and they can establish a properly balanced portfolio.
TL;DR: Unless you are a professional (which you are not, since you are asking this question), use a roboadvisor and don’t worry
