Choosefi | Financial Independence Podcast For The Stealth Wealth Community

Coast FI Masterclass | The Fioneers | Episode 538

Informações:

Sinopsis

Brad dives into a CoastFI MasterClass with Jess, and Corey from The Fioneers —where saving for retirement becomes optional. ?? Jess and Corey, popularizers of the term, share their unique journey transitioning from high savings rates to a fulfilling CoastFI lifestyle. They explore vital themes like financial flexibility, the psychological aspects of money fears, and how experimentation in spending can lead to empowered financial outcomes. 00:02:28 Defining CoastFI CoastFI is described as a financial milestone where saving and investing for retirement becomes optional. Discussion of how this concept allows individuals more flexibility in their financial journey. 00:07:11 The Realization of CoastFI Jess and Corey share their personal journey to reaching CoastFI at the age of 31, needing around $245,000 to retire by 62. The importance of time horizon in achieving financial goals through compounding. 00:21:38 Transitioning to a CoastFI Lifestyle Exploration of how their focus shifted from aggressive savi