Im 25 with a Net Worth of roughly 750k. I did the coast fire calculator and it told me it was fine to retire at 45 (i wont retire at 45). I have the majority invested into ETF (VOO,VTI, etc) and Crypto. No debt or studend loans. Im still going to University and have 3 years left. What would you do in my position ( retirement, etc)? Im still new to all these subs but i guess CoastFIRE is my goal.

Hi everyone. I've just come across this sun and am learning a lot already. I’d appreciate thoughts on my plan if you can please.

• 46, Australia.
• $40k approx annual living costs
• Buying $20k shares (VGS) and depositing about $5k to a high interest savings account (my emergency fund) annually through fortnightly payments
• No mortgage on my home, worth approx 700k currently
• $240k in shares
• $35k in the savings account (currently 5% interest)
• $216k in superannuation 23/24 FY
• No commitments/people or debt

I have some health issues, so have done my calcs on continuing to work 3-4 days a week to 55, contributing extra to superannuation is not something I’d like to do as it can’t be accessed until 60 here and this gap is my concern. It might not be an issue, but it’s something I need to work with for peace of mind.

Vanguards VGS has been doing very well lately, but I have kept my calcs to a 12% return which fits with the average over 10 year average. I reinvest distributions and have a $60k capital gain loss to draw on for tax due when eventually selling. I understand that it’s not diversified as recommended. I’m a little risk adverse so shares was a big jump for me last April, but I did a lot of novice research and am now happy I did this and chose VGS.

I’ve done calcs using pretty comprehensive spreadsheets from 55 and if not working:

• allowing 3% for inflation, starting figure based on estimated 3% increase each year now until then
• selling shares and moving the funds to high interest savings, estimated at 4% (but may not do this)
• drawing down on savings and interest to 60, then drawing down on savings, savings interest and super

From 70 y/o I will have only a small amount left but can downsize my house and should be able to access the pension, although I don’t think it’s great to rely on the pension part. As I’ve been pretty conservative in my calcs - I’ll likely keep working longer than I’ve anticipated, may not move to a savings account only, and get a higher return on super - there’s some significant buffers there too especially if postponing or not cashing out the shares.

It’s all estimated and I know it will change, but its been a helpful guide to give me some idea of what I’m looking at. I haven’t allowed for a new car or major home repairs yet but need to work this in. My goal is to just live reasonably, and have some security by being able to finish working earlier if needed.

Any thoughts on whether I’m missing something here would be appreciated, many thanks.

How much do you carry on your umbrella policy?

My policy limit is $1M for $516.

Raising it to $3M would be $1,238.

I have about $3M so 'feels' like the right amount, but want to go by something more than my 'feel'.

Imagine this. You make about $150k and you hit Coast FI. You don't need to contribute that $50k/year to retirement accounts anymore. Time to go find an easy, chill, (hopefully remote) job that pays $100k! You may have discovered that type of job isn't exactly easy to find, especially when the job market in general is hurting.

I've seen so many posts on here about people making this discovery. In a way, the "Coast job" you imagined when you started focusing on Coast FI might not exist...and I think some people react to this like when they found out Santa wasn't real. It feels like Coast FI is a big letdown, but I wanted to put together a list of options that you DO unlock by achieving Coast FI. It's still a HUGE landmark and it's worth celebrating!

Category A: Stay on your current career path and...

1. Spend more: Redirect your retirement savings to things that improve your life in the short term. Be careful, though! The more you increase the amount you're used to spending, the more you need for FI, unless you're going to cut back your expenses when you retire. Saving up for large, one-time purchases, projects, or trips every few years can really improve your quality of life without totally re-wiring your brain to consume more and more on a regular basis. Spending money to improve your health and relationships are always worth it. Now you can do that without worrying so much about how it will affect your retirement.

Edit: Another way of spending that extra money without getting accustomed to a more expensive lifestyle is giving to charity. Giving to charity can improve your happiness while also reducing your tax bill. It probably deserves its own point, but I don’t want to mess up my numbering system 2. Start a business: This may turn into your Coast job or it might just be another income source that supports your FI plans. Lots of people who start businesses aren't prepared for it (not enough knowledge, not enough capital, etc.), but if you're at Coast FI, you're in a unique position to take your time and do the preparation you need to make the business successful. This might be a side gig that brings in enough to buy you additional flexibility in your hunt for a true Coast job, or it might become your true Coast job. 3. Invest in real estate: I think of this as a specific case of starting a business, but I think there are people who might invest in real estate who don't think of themselves as entrepreneurs so I'm listing it separately. This is a venture that could become your Coast job or just another financial tool to help you toward FI. Lots of people rush into buying investment properties and end up in bad situations. Use your comfortable position at Coast FI to do it right. 4. Take mini-retirements: Sabbaticals and extended vacations might be the only change you need to make to your current career to make it pretty enjoyable. Maybe this is just taking some extra time when you change jobs. Back before I really had any money, out of desperation, I quit a job without having a new one lined up. It ultimately led to a better job, but the 3 months it took me to find that job we're just as stressful as many high-paying jobs. Now that I'm Coast FI, I could build up some extra funds to take a couple months off before taking on my next job, and it would actually feel like a break. 5. Make use of your job perks you've been ignoring: Not every job allows for sabbaticals, but I recently took a month-long vacation using a policy at my job that I had ignored before I hit Coast FI. Our company allows you a 2-week period per year that you can work out of the country. I bundled that with 2 weeks of PTO to spend a month traveling across Europe. I didn't change anything about my employment situation other than not being afraid what people would think that I took a month traveling. Even if I was working for 2 of those weeks, other people weren't as aware of me, so I might have worried about the optics of it *looking* like I took a whole month off. 6. Change your attitude about work: Obviously you don't need to be Coast FI to create a healthier relationship with your job, but it helps. Switching jobs to find something more relaxing is a gamble. Just because it pays less doesn't mean it's less stressful. You know SO much more about your current job. What if you just removed the part where you cared about getting raises and promotions? "Meets expectations" can be a great rating if you're not trying to climb the ladder, and the level of work required to get you up to "Exceeds expectations" might be pretty high. And if you build up a big enough emergency fund, it might not even be that stressful to dip into "Doesn't meet expectations" occasionally. What are they gonna do, fire you? Probably eventually. That's why I mentioned the emergency fund. Most people here probably don't have the personality type that they're okay with taking it that far, but there are still adjustments you can make that might improve your job. Say you can't take on extra projects. Use all of your PTO. Volunteer to help with the company 5k. Join the book club at work. 7. Charge forward to FI: Keep saving. No one said you had to stop contributing to retirement accounts. (Even if you start Coasting in other ways, you should probably still be getting your employer match.) If you can afford to contribute enough of your income to retirement accounts to hit Coast FI, how much longer would it take you to get to FI? You probably make more than you ever have now...what if you ramped up your saving even more? Now that you're in this financial situation and a little older, maybe it doesn't feel so daunting to work 5-10 more years and just get the career part of your life over with. When I started my career at 25, the idea of 40 more years of work was torture. That's more than my entire life up to that point. Now that I'm Coast FI at 35, I still don't want to do 30 more years, but at least it's not longer than my entire life so far. And it probably won't take me 30 years since I'm already at Coast FI, it might only take me 10-15 years. 10 more years is just doing my career so far...one more time. That feels so different psychologically.

Category B: Change your career path by...

1. Cutting back your expenses: If you don't spend as much, you don't need to make as much, and that might open a bunch more job options. That type of austerity probably isn't what you had in mind for Coast FI...but maybe you've been spending too much on things you really wouldn't miss.
2. Going back to school: Maybe the problem with your job isn't that you're too high up the ladder. Maybe you're on the wrong ladder, but you need different certifications to get on the right ladder. When you're not in a great financial situation, this can be an impossible task, and that's how people get stuck. Now that you're Coast FI, you've got some money to save up for school--something most 18-year-olds don't do. Avoid the hassles and expenses of student loans. Maybe your employer would even help pay for some of it if you do it while still working there.
3. Considering multiple income streams: Maybe there isn't one job that meets your Coast job requirements, but maybe 2 would. One path I'm considering is to be a math teacher and sell D&D resources. Neither one of those would likely cover my expenses, but together they might. I'd rather have 2 jobs I like than 1 that I hate. Starting a side business alongside your current career (see number 2) might be a feasible way to try out different options to see what you'd enjoy. Monetizing a hobby is risky, because you might start hating it. Being at Coast FI gives you the flexibility to change your mind and try a bunch of small things.
4. Trying something risky: People debate "chasing your passion" as career advice. I personally don't like the idea of 18-year-old me picking a career based purely on my passions at the time. But 35-year-old me knows myself better and has seen way more examples of people making their passions into careers. If you're at Coast FI, you probably were more practical about your career decisions. You probably picked a college major based on job stability or high pay. Maybe now is the time to pursue the route you never let yourself consider back then. Professional sports are probably out at your age, but you could try writing a book or starting a YouTube channel. And if it doesn't work out as your Coast job...at least you tried something interesting and you've picked up a new hobby. If you tried that at 18 and it didn't work out, you're basically back to square one. If you try now and don't make it, you're back to...Coast FI.
5. Just changing it a bit: Part of why you make more is probably because you have specialized skills and certifications. When you pictured your Coast job, you might have pictured it being totally different from your current career. But then you lose the advantage of your qualifications. Keep using those, but try to find a new arrangement. Maybe it's part-time. Maybe it's consulting. Maybe it's just working at a different company with a different culture. Maybe it's finding a different industry that uses your skills in another way.

Conclusion

The most likely solution is some combination of these and a lot of them already overlap. For example, I'm already trying 9 out of these 11 paths in some form. Some I'm actively doing while I stay at my job. Some I'm planting seeds so I have options when I decide to leave my career behind--maybe at full FI or maybe before if the right opportunities come along.

I'm staying at my current job, saving 25% (A7) instead of 40-45% like I used to. I'm spending some of the extra on my current health and relationships (A1). I'm not going back to college, but I'm spending a little to take some courses on digital marketing (B2). I'm setting some money aside for a potential business (A2) or real estate (A3) opportunity. Until that opportunity comes along, it's acting as an extra big emergency fund (A6) to relieve the stress of working at a tech company that always seems on the verge of having layoffs. I'm taking long vacations and using all of my PTO (A5), and if I get laid off, I plan on waiting a month or two to look seriously for a new job (A4). I've started tutoring on the side (B3) and am getting better at organizing material from my D&D games to potentially become something I can eventually sell (also B3). I've taken up writing as a hobby and am trying to build up the skills to eventually publish something (B4)

It can be frustrating that Coast FI is "just a milestone", but I think if you frame it right, it's a really exciting achievement!

...to take my own advice?

First, the standard "throwaway account" disclaimer

Second, the numbers: 41m, married (39f) with 2 school-aged kids in HCOL area. Just about $3m invested, with roughly $1.4m in taxable brokerage and the rest in various retirement accounts (mostly IRAs and remaining $220k in Roth IRAs). Target fire number of $5m in 2024 dollars. Spend on average about $180k per year for several years, but that has included really big expenses like major home renovations, paying for cars in cash, etc. Expect to replace much of that with travel/fun in retirement. Core spending is probably closer to $100-120k and could easily flex down to that if needed. I'm wrapping up a 6-month sabbatical after quitting a job I absolutely hated.

So I'm coasting to an early retirement - easy, right?

The dilemma: I've had two jobs come my way recently and I'm struggling with the potential decision between the two.

Job #1 is lower pay (just barely covering annual spend after taxes), 25 min drive from home, and should be a relatively chill/easy environment managing a function that I'm expert in. The title and pay are significantly lower than I've had in the past 4 years or so.

Job #2 is roughly 50% higher pay than Job #1, much higher/more impressive title, 45 minutes from home, and would be a stretch in terms of scope of responsibility (and likely higher stress levels).

Why am I even considering job #2? My brain starts thinking "well what if you want to keep working? The title and experience will be valuable for the next job after that" or "suck it up and you could get to your FIRE number a couple years earlier". But I'm pretty damn sure I don't want to work a minute longer than I have to and I just quit a job that paid a lot because I was burnt out and miserable! I try to think that title/status doesn't matter to me, and that I don't care what other people think, but I think my ego is getting in the way of accepting a lower title/lower responsibility coast job...

It seems so straight-forward to take job #1 from a CoastFire perspective, so why can't I take my own advice??

I’m 40m, have a rental property generating $1,600/month and $400k saved. Is that enough to retire in a country that's $25k in annual expenses for single dudes? like thailand or vietnam?

So at 48 I have almost $1 million between my 401k and Roth IRA. (This doesn’t consider spouses govt pension and retirement accounts)

I thought “whew! I could coast.” But I was looking at my numbers and it only gives me an extra $11,000 a year, not exactly FU money. If I didn’t do my match that would be another $6,000 but that isn’t something I would do.

It’s not like I can quit my job and work at Petsmart.

Comes up from time to time in threads and seems like a decent way to bring a bit of side cash in. Is anyone doing this? People are spending big $ on their dogs these days.

If so, can you tell us about your situation, e.g. rates, hours, income, how you got clients?

Hi there. I am working in tech and have hated my job since the beginning. Sticking it out for the money and have been able to save a lot over the past 7 years at this company. It is a pretty toxic corporate role as most are. Upper management is pushing to put some of my team members on PIPs which I don’t agree with. So basically forced to push people out to save the company money. This job goes against so many of my values. I might be next once they figure out how to outsource everything or have AI take over since the idiots in charge think that it’s the solution to everything now.

My husband works and has enough money to cover expenses. I also have enough emergency fund to last a few years. I don’t plan on never working again and actually enjoy work that aligns with my values and aspirations. I feel really burnt out and want to take a sabbatical or year long break. I want to wait until they fire me so I hopefully can get some sort of severance and unemployment so I can heal from the mental trauma this job has taken on my soul. Anyway our numbers are fairly healthy.

Husband is 44 and we have two kids almost in school. HCOL area. About 400K in 401ks combined, house worth about 950k with 450k left on the mortgage at 3%, 90K stock vested, 200k cash (I know, I know this is stupid and I should invest it but I am paranoid) I grew up middle class and my parents couldn’t pay for my college so I had to take out loans which are all paid off now thankfully. I wasn’t able to seriously save until I was 34 years old. No debt and we share one car which is paid off. We live pretty thrifty and can cut back on expenses if need be.

What would you do? Tough it out and deal with corporate drama until they lay you off or tell them in a professional manor to F* off? What would you do for part time work? I also thought of teaching at a college part time until I heal fully from the toxic corporate role. I love to hear peoples ideas for part time work. Anyway thanks for reading. I am burnt out.

Looking for the people that got good math grades in school to weigh in here to help me. Using the calculator at: https://www.cnbankpa.com/Resource-Center/Tools/Calculators/Investment-Savings-and-Distributions I get a much higher number than using the Coast Fire Calculators for future retirement savings.

Variables:

age 47

retirement age 52

annual spending 60k

current assets 1mill

monthly contribution 5k

growth rate 7%

inflation 3%

save withdrawal 4%

using the marriagekidsandmoney calculator I get $1,553,348 which is $62,134 and would last 25 years at $5,177 monthly. https://marriagekidsandmoney.com/calculators/coast-fire/

using the cnbank website I get $1,760,544 lasting 40 years which is $7,256 monthly using the same variables and including it lasting 40 years.

any ideas here?

I’m amazed how many people are worth 1 million that are worried about money, or in jobs they hate, or wondering if they can do this or that.

My mortgage is paid off and I need $120,000/year to pay my bill after I retire… who are you? First of all no one needs $120,000/year. Second of all, you’re a millionaire!!! You can afford to do what you want.

I think it’s safe to say that 95% of the people we know don’t have $1,000,000, don’t make $100,000 and don’t have a paid off house.

Why are the people with a paid off house or 3% mortgage and 6 figure jobs questioning if they can do something.

Yes you can!

You’ll be ok.

upbringing is closely related to background but life experience is still related to upbringing. Just curious why people from here are choosing coastFIRE, not expatFIRE or fatFIRE or normalFIRE? is it because you hate work? lol don't get me wrong, I love my job but it's impossible to love it all the time. I'll start first...

I used to be dreaming of becoming ceo, but later i realised, what I truly after is the freedom. That said, I don't need musk or trumph level of wealth to do sport that I enjoy during the weekday. How about you? I have know people who like the idea of coastFIRE just because they hate capitalisms haha!

Im a middle manager in a corporate technology department and I’m coming off a very rough year last year at work (all of it out of my control). My family and also visualizing my path to financial freedom have been big motivators to help me deal with the bad times. New boss started at the beginning of the year and it hasn’t been great so far.

I make 180K a year before taxes and my wife brings in 85K. We have a fully paid off house at 425K in a MCOL town in a LCOL state (low taxes), 1.1M in pretax IRA, 300K in current 401Ks, 200K in post tax brokerage, 65K in 529s for our two girls ages 5/7 (targeting state schools), and 100K in HYSA for emergencies. We don’t plan to relocate or downsize until old age and I would estimate our spend to be 100K a year (no mortgage / no debts). We max our 401ks and have been putting a lot in the post tax brokerage since we paid off the house.

If this job doesn’t work out I’m thinking of a career change. I’m not sure to what but I’m tired of corporate technology middle management after 20 plus years of it and I have a hard time envisioning 10 plus more years of it.

Hear me out!

I grew up in a family where money was always tight and I worried about it constantly. Fast forward to today, I’ve hit my coast FIRE number 3 years ago. Thanks to my dedication to being frugal, I can retire in 3 years without adding more contributions. However, as the days go by, I’ve started to feeling unmotivated at work because I know my future is secure. I used to be an overachiever , always hustling nonstop, but things have changed.

Should I quit my job now and just ride it out until retirement? My partner still plans to work for another 7-10 years and isn’t ready to retire with me yet. If I quit, we’d have to rely on his income.

Any thoughts would be appreciated!

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I'm still another 5 or so years from being in a position to coast. My current plan is to get a specific job, but it pays about about $10k less than I want to live on while I'm coasting. Problem right now is that most of my savings are tied up in inaccessible retirement funds, so covering that extra 10k is not super convenient. (Roth, IRAs, 401k, HSA)

I have a few thousand in some stocks, but am curious what suggestions people have for creating an accessible fund that I can draw from over the 15 or so years between when I start coasting and when I turn 59 1/2 and can draw from the 401k/IRA/Roth to cover that deficit from my coast job. It could be as simple as "stop putting money in your 401k and start putting money in a taxable account instead" -- but I am open to suggestions.

First of all, I just want to make it clear that I am not trying to brag. I understand how privileged I am to be in such a position, and I’m really just looking for some advice on how to use this money to achieve my dream lifestyle and a timeline of how to go about it.

After the passing of my father and some luck in crypto, I’ve found myself with about $275k at 21 years old. The breakdown is currently as follows:

• $200k in Fidelity brokerage account with 70% in FSKAX and 30% in FTIHX
• $50k in crypto fully in XRP
• $10k in silver bullion
• $15k in a HYSA

I also just graduated college and have a job lined up earning me $115k/year in a MCOL area, with the ability to invest an additional ~3k/month.

I know that I am in a great position to set myself up for an early retirement if I just keep living my life as is right now, but I have such a strong desire to go travel the world long term and get out of this job.

My job isn’t bad, it’s medium stress, hybrid, pretty interesting work, and only around 40 hours a week. But still, I know that this is not something I want to do long term full time.

What would you do if you were in my position? I know that I am still young and have my whole life ahead of me. I’m fine with staying at this job and saving up more money to eventually escape this lifestyle, but I also don’t want to get complacent and put my dreams on hold forever. Thank you in advance for any advice given.

I also have US & EU citizenship if that is important.

It's scary not to grind at young age. When I was in my 20s after college, everyone is hustling... changing jobs, trying out new fields, upskilling, but now when I look back. I should have chill. Because it's so hard for a normal working class people to hit it big and become elon musk. So the strategy is just to be happy outside of career. It ain't too bad actually, after we're able to cheat ourself wealth doesn't matter much. Screw those manager who give hard time to us, take it slow!

I’ve recently been laid off and am considering taking a lower-paying job just to cover my monthly expenses and maintain health insurance. I’d love some advice on whether my financial situation is solid enough to support early retirement at 56 (15 years from now) under these circumstances. Wife is SAHM.

Here’s an overview of my current financial situation:

•	Investments:

•	$1.2 million in total investment assets.
•	$700K in a brokerage account.
•	$500K in retirement accounts (401(k) + Roth).
•	Crypto: $200K in Bitcoin (from a $5K initial investment). I consider this speculative and am not counting it toward retirement.

•	Kids & Education Savings:
•	Three kids aged 6, 3, and 1.
•	$200K saved in 529 plans across three accounts.

•	Expenses:

•	Monthly expenses: $7,000.
•	Yearly vacation budget: $7K–$10K.
•	House/vehicle insurance: ~$5K/year.

Retirement Plan 1. I’m planning to rely on my brokerage account first, starting at 56, to cover living expenses until I turn 62.

2.	At 62, I’ll begin withdrawing from my 401(k) and Roth.

3.	I’m not planning to max out 401(k) contributions ($23K/year) anymore but would contribute enough to get an employer match if available.

My Questions • Is this plan realistic given my current savings and projected expenses? • Should I be doing anything differently now, like continuing to contribute to retirement accounts or reducing expenses? • How can I account for inflation or market risks over the next 15 years? • Any advice on managing my brokerage withdrawals to ensure I don’t run out of money before I can tap into my 401(k)/Roth?

Thanks in advance for your insights. I’m feeling a bit uncertain about the future, and any guidance would be greatly appreciated.

Have worked 12 hour rotating shifts for 32 years. Physical parts to job are starting to pain me some.

Age: Me 55 wife 53 1.5m liquid investments 2 rentals bring $1650 month combined SS Me 7 years away 2k month SS Wife 9 years away 1.5k month

Wife has office job makes 60k year

I would coast by coaching hs basketball and take job as teachers aid making 30k per year I would train individuals and probably make another 5k to 10k per year

No debt

But i have trouble with the title of the job and the pay.

If it was an actual teaching job i I would feel better about it. Advanced PE is what I want to do (weightlifting)

Does anyone have advice how to be ok with just the job and not worry about the title?

I make about 90k at my primary job so pay cut would be from 90k to 30k.

I am wondering whether I can retire now or whether I should work longer? I am a 49 year old single female. Kids are adults and independent. I have a net worth of 1.7 million Canadian dollars. I live in a low cost of living city in Canada.

My TFSA and RRSP accounts are maxed out. In total I have $750,000 in investment funds, mostly index funds. I don’t have a pension from my work. But can collect CPP and OAS when I am eligible.

In addition, my primary residence of $650,000 is paid off. No mortgage.

Rental property #1 is worth $550,000. The mortgage on that is $350,000.

Rental property #2 is worth $350,000. The mortgage on that is $250,000.

I have no other debt other than the mortgages. Can I retire now or should I keep working? I live a very minimalistic life, and don’t spend much money on stuff.

I make a total of $1000 on both my rentals combined each month. I can live on $40,000 a year.

Had a pretty good idea where if you are able to get a full-ride MBA you can just coast for 2 years.

I don't think its a good idea to get a MBA outside of the country you actually want to work in. But for me, the school ranking/prestige/location doesn't really matter since the plan is to slow down my career and coast. Based on this I came upon National Taiwan University which is really easy to get full-ride scholarships for internationals in the West (very cheap to live there).

Specifically in Taiwan's case you could easily get a gold card visa first if you make over 60k which would let you get PR that's easy to maintain if you live there for 3 years (2 of which would be for MBA). This would gain you Taiwan healthcare for life which is the best value per cost in the world in my opinion.

It has the benefit of getting lots of points for PR in some countries like Japan which would be useful to coast there. Another benefit is in the event you need to go back to work its easier to justify what you were doing rather than just doing something completely unrelated.

Thoughts on this has anyone done something similar?

Numbers: 1.85m NW (includes primary home equity).

For coast calculation purposes… 1.35m in retirement and brokerage investments 65% in retirement accounts 35% in brokerage

80k emergency fund - not used in coastfire calculation

Expenses (HCOL) 2 person HH: 10k a month Biggest expenses: $2700 house pmt (includes prop taxes) $2200 a month on food and dining (social lifestyle in HCOL but could cut back here)

HH Income: 385k gross

Age: 34

Kids: no plans for any

Goal retirement age: 55

Would you coast or keep saving? Obviously depends heavily on future market returns…

I graduated school with about $125k in debt at age 24. I spent most of my 20s aggressively paying it back.

It occurs to me now that that $125k at 24 was essentially CoastFIRE (assuming doubling every 10 years, this would have been $250k at 34, $500k at 44, $1m at 54, $2m at 64).

So, when I was just a kid, I gave up 6 years of my life for schooling, that hasn’t really helped, and cost the same as my retirement. I really should have just worked those six years and for started on all of this earlier.

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Anyone from asia chasing coastFIRE? It's relatively easy to coast FIRE if you're not from Singapore. My number is 1 million USD. A 4-5% yearly dividend already beats the average active income of people in Asia. But here's the thing: when I hit 1 million, I would still want to work because the compounding effect after that is a massive gain. If 1 million in capital is left untouched, at 10% interest per year, in 5 years it will become 1.6 million.

I notice that when you hit a larger capital, your active income doesn't contribute much, even if you want it to, because the snowball effect is kicking in. Why do I still work today? To wait, basically—not so much because I want to hasten the process. Even rich Buffett made his real money after 60 years old.

I’m have 350K in a regular savings account and 50K in a 401K. I’d like coast fire as soon as I can. I don’t know anything about finance. I’d like to learn about it but have very little to no time. I’m burnt out and tired of working. Appreciate any guidance or advice.

According to the coast fire calculator, I've hit my coastfire number! At 33, aiming to withdraw retirement funds at 60. It's very nice to know I've hit this number.

However, my current expenses are still quite high and I would need to be making at least $100,000 CAD to continue living in my current HCOL area where family and friends are. Both renting and owning a home are high cost. I'm also currently helping my mother financially until she can receive government pension in 2 years.

I learned about coasting 2 years ago, and the thought of coasting sounds very nice, I felt maybe I didn't have to keep working in corporate for long.

My current job pays over $200,000 before tax and is quite demanding at times but with very good benefits, a great manager and team. I don't know what a $100,000 salaried job might look like or if it might be as stressful as this one (not wanting to assume that lower pay equates to better or easier work).

Anyhow, I'm trying to grapple with this idea that I'd still have to work in corporate or some type of job that pays at least $100,000 / yr. And I don't really like that idea. I was imagining more like being able to freelance/do contract work and work on side projects or at least work at a company outside corporate, maybe teaching or at a nonprofit. Perhaps I need to do more scoping out what's out there.

Curious if any of you have / are currently coasting but have high expenses to take care of still? And how do you handle this? be it mental or actual formulating some kind of strategy to be able to more happily "coast".

Why the question is relevant: Answers are gonna vary wildly which is very useful to get different perspectives.

Hi guys,

I wanted to share some numbers about where I am at financially in hope that I could get some guidance. I currently live in Indonesia half the year, and the US half the year. My investment portfolio is as follows:

135k in S&P tracking index funds

125k in Schwab money Market account

Real Estate Portfolio- 3 homes 

Home 1- 

Bought at $166,000

Year Bought- 2015

Interest Rate: 4.375

Remaining balance: $75,000

Value- $321,000

Home 2-

Bought at $197,000

Year Bought- 2020

Interest rate 3.625

Remaining Balance: $163,379.25

Value-$283,000

Home 3- 

Bought at $247,000

Year Bought: 2022

Interest Rate: 4.875

Remaining balance: 226,434

Value-$325,000

Rental Cash Flows:

Home 1-$750

Home 2-$217

Home 3- Break Even

Annuity Account Through Employer:

$32,000

I'm trying to figure out if I have enough going on financially to CoastFire here in Indonesia. My wife and I probably spend $20k a year, if not less here. What are some questions I need to ask myself as I look at this scenario? Thank you for your input