This thread has been hijacked!
Coast Fire is the concept of allowing current investments to grow without contributing more each year. In many ways, it is the "FI" in "fire"... being financially independent enough to be able to earn income at a level that merely covers costs and not need to save more and worry for the future.
My earlier post stands, based on OP's variable inputs: OP does not have enough to Coast til retirement at age 55.
Coast Fire is the concept of allowing current investments to grow without contributing more each year. In many ways, it is the "FI" in "fire"... being financially independent enough to be able to earn income at a level that merely covers costs and not need to save more and worry for the future.
My earlier post stands, based on OP's variable inputs: OP does not have enough to Coast til retirement at age 55.
Statistics: Posted by Perkunas — Thu Jan 02, 2025 3:12 pm — Replies 42 — Views 2369
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