Passive Income

Bigger Pockets Money Podcast: Coast FI

Posted on by Andrew Packer

Many investors looking at the market today are considering how to reach their retirement goals. For those looking to retire early, big market swings may put a dent in the plan.

  • Special: 32,481% Growth: The SmartPhone Startup Outpacing Apple and Samsung

    • But there’s a strategy called “coast FI.” It involves balancing out focusing on keeping costs to a minimum. Rather, it involves finding balance between saving for as early a retirement as possible while also enjoying life.

    Those who pursue financial independence (FI) remain focused on earning as high a salary as possible, saving as much as possible. The goal? To retire as soon as someone hits the right net worth.

    That can mean extreme money-saving moves. But it’s possible for those who earn even a below-average salary to save significantly. And by investing those savings in a diversified portfolio, many have found it possible to hit their retirement goals. For some, that may be as young as in their 30s.

    • Bill O'Reilly Interviews Wall Street Expert to Help YOU Achieve the American Dream

      "We're going to bring back the American Dream... bigger, better, bolder, richer, safer, and stronger than ever before." - President Donald Trump

      During Trump's first term, 8 million Americans became millionaires despite constant resistance from Democrats and even some Republicans in his cabinet.

      Now, with Republicans controlling both houses and the Fed cutting rates, everything is aligned for even greater growth.

      Bill O'Reilly interviews investment expert Alexander Green who reveals details on 6 stocks with the potential to soar under Trump's pro-business policies.

      Get the Details Right Here

    The challenge? Things like lifestyle creep. By avoiding the urge to spend more after a big salary bump, the FI process can accelerate.

    However, running full stop on working and accumulating money can prove draining. That’s why coast FI may make more sense. It allows one to continue to aggressively save and invest, while also enjoying life along the way.

  • Special: The Crypto that Could Replace Visa?

    • To listen to the full podcast on how this strategy works, click here.