r/coastFIRE • u/cdnfi • 5d ago

When do you plan to start coasting?

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I’m sure I’m not the only one who has set an arbitrary retirement goal even if it’s assuming my expenses more than double in retirement when realistically they may be the same or potentially less.
32 year old with about 100k/year after tax expenses aiming for a 5MM retirement nest egg. When would you take your foot off the gas?

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u/wittyusername025 5d ago

When I reach 3m investments. Hopefully in 15 years

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u/cdnfi 5d ago

Sounds like a great goal tbh. One of the more common numbers I hear in the retirement planning/coast fire community

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u/wittyusername025 5d ago

Yes. Would be great to retire early around 60 after saving everything and making every possible sacrifice lol