And why it's important!
What is Coast Fire?
Coast FIRE means you have enough money in your retirement account to have a secure retirement without contributing any additional funds
When you reach it, you can "coast" your way to retirement
Without saving any more money!
Coast Fire is an important milestone on the path to financial independene
Or the end goal!
But if you love your job and have no plans to quit, it's also an important goal
Being at coast FIRE ensures you will have financial security in retirement.
So you have one less thing to stress out about!
There are lots of things to consider when calculating your coast FIRE number
Personal wants and needs