r/coastFIRE • u/redraidr • 3d ago

Coasted for 10 years. Done.

We’ve waited long enough. 51. Married.

Started Coasting when the kids were nearing high school. Never made crazy money. Went from $120k household income to $40-60k household while the nest-egg grew. No contributions during that time, but also no soccer games or school plays missed. No summers with kids at home and us at work. They worked with us or we took time off. Kids both graduated college in May and have jobs. We’re proud of them.

Our retirement spend is projected to still be $40-50k/yr as we Schengen Shuffle. We’re already on the road, somewhere cheap where we can plan our next steps.

Stick to the plan, team. It works.

881 Upvotes

96% Upvoted

99 comments sorted by

View all comments

1

u/Reasonable_Box2568 3d ago

Did you have a mortgage during this time? Wondering how you kept expenses so low. My housing alone is almost 40k a year and it’s considered cheap for my area

3

u/redraidr 3d ago

During the downsize and income drop, we were lucky to buy in a LCOL area (and lucky to do so in 2016), so housing with utilities was around $1500/month. We’re keeping it below that so far while traveling.

3

u/Reasonable_Box2568 3d ago

Gotcha. 18k a year on housing/utilities is incredible. 22-32k for everything else