Coast FIRE Number
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Needed Today
Target FIRE Number
$0
Needed at 65
Growth Trajectory
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What is the Coast FIRE Calculator?
Coast FIRE (Financial Independence, Retire Early) is a milestone where you have saved and invested enough money that you no longer need to contribute another dime to your portfolio for it to grow to your target retirement number. The math relies heavily on compound interest. Once you hit your “Coast” number, you can take a lower-paying, less stressful job that only covers your current living expenses, knowing your retirement is already fully funded.
How to Use This Tool
- Current Age & Retirement Age: Determines your timeline for compound growth.
- Current Net Worth: The starting principal of your portfolio.
- Target Annual Spending: How much you plan to spend per year in retirement.
- Expected Return & Inflation: Adjust these to see how market conditions affect your Coast number.
Frequently Asked Questions
Do I still need to work if I reach Coast FIRE?
Yes, unless your portfolio is large enough to cover your current expenses. Coast FIRE simply means you no longer need to save for retirement. You still need to earn enough to cover your day-to-day living expenses until you reach your traditional retirement age.
Is Coast FIRE practical in your country?
Absolutely. Coast FIRE is highly popular in your country because our universal healthcare removes the burden of paying for expensive health insurance out-of-pocket when transitioning to part-time or freelance work.
What is a safe expected return?
Most FIRE practitioners use an inflation-adjusted (real) return of 5% to 7% for a broadly diversified portfolio of low-cost index funds, such as the S&P 500 or global equities.