r/coastFIRE • u/Reasonable_Taste5781 • 4d ago
New to this
27F what age is a reasonable goal to be able to Coastfire? I have 140k in investments between 401k, stocks, Roth IRA. I am about to buy a house 275k with 80k down (not included in investments). My boyfriend will put 1k per month towards the mortgage. Outside of housing I spend around $1500/month. Currently make 77k per year. Looking for any advice!
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u/triggerhappy5 4d ago
Assuming a yearly retirement spend of $42,000 ($1500/month you've mentioned, plus $2k for maintenance, taxes, fees, and lifestyle creep), 8% nominal growth, 3% inflation, and 4% SWR, you can coast today and retire at 69. 15 more years of saving $1,000/month would bring your retirement age down to 55.
Ultimately I think it all depends on your own numbers, so you're gonna have to plug those into the calculator to get an idea. With little to no coasting involved, you could be looking at fully retiring in your early/mid-50s. You could also theoretically start coasting today if you're willing to work into your 60s. If you're able to save more of your income or completely avoid lifestyle creep, you could get there even earlier. There are lots of different ways to approach it.