Is Coast FI Right for You? With Roxanne Duckels @FinanceRox | Episode 070

Mark welcomes his first in-person guest at his “home studio,” Roxanne Duckels aka “Finance Rox” to discuss Coast FI after recent mainstream coverage.

Roxanne defines Coast FI as saving enough for traditional retirement so compounding can carry you to your goal, freeing future cash flow for more spending, lower income, or fewer hours; she says she used all three over six years and reached full FI in February.

They walk through the math using a 35-year-old targeting $60,000/year via the 4% rule (25x expenses = $1.5M) and a 6% real return, equating to a need of $261,165 today, while noting sensitivity to return assumptions, sequence-of-returns risk, and changing life needs.

Roxanne shares quitting corporate accounting, working lower-paying jobs, mini-retirements, and expensive short-term travel as Coast FI benefits, plus upcoming solo travel to New Zealand and Australia and attending Tribe FI.

Episode Links:

Mark’s Money Mind YouTube Channel

Young People Are Obsessed With This Simple Retirement Savings Formula - WSJ.com

Opinion | Gen Z Is In Coast Mode - WSJ.com

Reaching ‘Coast To FI’: The Path to Financial Freedom - Investopedia

The FIRE Crowd Might Be Making Some Lofty Assumptions About Their Path To Retirement - Business Insider

TribeFI

Follow Roxanne Duckels @FinanceRox on social media