Coast FIRE: An Easier Way to Join the FIRE Movement

What do you think of Coast FIRE?

Staring at a FIRE number can be completely overwhelming. Coast FIRE is an amazing goalpost to shoot for to stay motivated!

Great job Andy! I love the Coast FIRE! Wish I started younger. I am early 60’s. No debt no mortgage. Just starting investing. House is about $850k only about $150 investments… high income including pension. Have emergency fund.

I like this concept, coast/barista fire. On it now for the past couple years and focusing on mortgage payoff in a brokerage account. Great video Andy. 🤙

Love the idea of buying our time back. Me and my wife will be able to work less hours in jobs we love and won’t stress as much. And best of all spend more time with the daughter and doing things we love. Coast fire seems like something we can more easily reach for, but maybe in the future we will change our mind and keep working towards standard fire. Taking it one step at a time.

Great video! Thank you for sharing.

Love your channel and your podcast!

Hit this number ($200k) today at 24 (full age 59.5). Nice milestone. I'm not done yet though.

Andy, thanks for breaking this down! Made us take a second look at retirement investing and we realized we could actually stop making Roth IRA contributions and divert those funds to increasing charitable giving, 529s, and brokerage accounts while still having more than enough for retirement! More options for now while still ensuring a stable future. Thanks again!

As a non American, the biggest turn off of FIRE is the crazy high numbers used in calculations. $70000 expenses........WOW. I have mine at less than £6000.

Great breakdowns! The compound interest calculator is a good guideline but not guaranteed because it’s based on estimated interests in the future. There is a lot of uncertainty in the future. Especially the FIRE movement is so widespread now, and I wonder who is gonna left to work ?😂 like everyone is quitting job in 30s and 40s 😂 and stocks growth would stagnate?! I hope not😅 Im in FIRE too. I like learning from other FIRE people like you🙌Subbed 🙋🏻‍♀️💕

Coast fire is the way.

Help me out: Which one is correct? Coasting FIRE or FIRE coasting? Heard both phrases in the past but didn’t pay attention to it. I thought there’s only one FIRE, now i learned there are subsets. Now, I just realized I’ve been “coasting FIRE”. I Did the calculation and now I have enough money in my retirement to be able to retire comfortably in 8 years. I want to retire at 60 but I think I can lower that to 58. Thanks for sharing this video

I'm coast firing!!

Just remember to adjust you fire amount for inflation, because the 1.75m stack in 20 years at a withdrawal rate of 4% annually won't get you the same purchasing power as 1.75m today. In the compound interest calculator you can reduce the interest rate by expected average inflation to reflect that. So your 5% calculation should be quite accurate when taking inflation into account.

There is purpose in working. Coast fi gives you the option for a solid retirement while being able to downgrade and do something lite and enjoyable

Good advice but the order to invest is wrong. Hsa first. Invest it. Don't use it. 401k match comes 2nd. Roth ira is third. 4th comes maxing the 401k. 5th is mega back door Roth. The triple tax advantages of the HSA and the importance of medical expenses in early retirement ages make it even more powerful than the 4 or so percent company match that isn't triple tax advantaged. Really though HSA and company match should always be givens to ALWAYS max. Definitely before the Roth IRA. The hsa is simply a superior account.