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What is Coast FIRE for retirement and can it work for you?
Coast FIRE is an alternative to the traditional FIRE movement where individuals invest aggressively early on until they reach a target 'Coast FIRE number.' Once this amount is hit, investments are expected to grow without additional savings, allowing people who still work to spend more in the present. Experts suggest younger workers save aggressively initially, while others can use calculators to check their progress toward reaching Coast FIRE.
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- Young investors are pursuing a more chill version of the FIRE movement. It can lead to less work without extreme saving.
- A millennial who hit 'Coast FIRE' says the first step to financial independence has nothing to do with number-crunching
- The FIRE movement is burning up, but is it actually worth it?
- How to Retire at 30
- This couple wanted to spend more time with their children. A flexible FIRE strategy was the answer.