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pf_throwaway997

Pulling the trigger soon

"Have enough in the bank to do what you want." This is a place for people who have reached or are interested in reaching the milestone of Coast Financial Independence / Retire Early (aka Coast FIRE). Coast FIRE is when you have enough saved and invested that with no additional contributions, your net worth will increase with compounding growth to support a traditional retirement. Coast FIRE is all about using your savings to unlock freedom before hitting regular FIRE.

pf_throwaway997

$3.2MM NW, Starting to Plan for FIRE (or CoastFIRE?)

This is a place for people who are or want to become Financially Independent (FI), which means not having to work for money. Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. At its core, FI/RE is about maximizing your savings rate (through less spending and/or higher income) to achieve FI and have the freedom to RE as fast as possible.