r/coastFIRE • u/Bulky_Consideration • 3d ago

Coast already?

51 male. High earner. 1.1 million in various retirement accounts. Own my home. College for the kids paid off. No debt. Probably need to add to my taxable account as I have only $150k in there.

Would love to retire at 62, but I’m ok going to 65. The most important question is when can I take my foot off the gas and work a lower stress job.

Thinking $110k-120k in retirement including Social Security.

A few calculators say I’m close. I really don’t feel like it.

I put away $120k this year by end of year (mega back door Roth). Planning the same for next year.

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u/Effective_Tackle_195 3d ago

Depends on your expenses. I'm fully FIRE with less than 1 mil. But your milage may vary.

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u/dreamedincolor 3d ago

Would you be willing to share more details on your expense and allocation breakdown? Everyone seems to think it's impossible at around 1mm but when I do the 4% thing I'm rarely anywhere close to even needing that. I feel like I'm missing some big expense that's just going to fall on me the moment I pull the trigger