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This is where I think the concept of "coasting" to financial independence could be beneficial for many. The idea is that you build up enough investments early i
by walletburst 5y ago
This is where I think the concept of "coasting" to financial independence could be beneficial for many. The idea is that you build up enough investments early in life such that without any additional contributions, your net worth will grow to support retirement at a traditional retirement age. Then you just need to make enough money to cover your monthly living expenses, which could open up a lot more career options that better fit your desired lifestyle.
https://walletburst.com/tools/coast-fire-calc https://walletburst.com/tools/coast-fire-calc
- cowvin 5y agoYeah, my wife and I talk about reaching a sort of semi-retirement state where we can just make some small amount of money and not stress out about money anymore. That will keep us busy but we can take breaks any time we want to.