Coast FIRE: The Number That Sets You FREE at Every Age

COAST FIRE is a powerful investing concept that can let you quit your job early. Most people ask the wrong retirement question. They ask: how big does my portfolio need to be? The better question is: how much do I need invested today so I never have to contribute another dollar again? Grab the COAST FIRE Calculator today ► https://sharpemoney.gumroad.com/l/tkddmi Check out my Story on COAST FIRE here:    • How I Hit Coast FIRE and Walked Away from ...   Or, this video...is the 4% Rule still good??    • The 4% Rule Failed 4 Times in 98 Years. He...   STUFF I RECOMMEND!* Personal Finance - My FAVORITE Investing Apps: 🤑 Claim 12 FREE STOCKS worth up to $3,600 with Webull! ► https://www.webull.com/k/BobSharpe 🤑 BEST Investing App for Research and Investing/Options with Moomoo ► https://sharpemoney.com/go/moomoo Track and Budget with my Very Own Budgeting Template: 📊 The Ultimate Transaction Register - track your budget the real way ► https://sharpemoney.com/downloads/the... Saving Money & Grabbing Deals 💰 Get Legitimate Cash Back at Gas Stations, Restaurants, and More with Upside App (app is free to use!!) ► https://sharpemoney.com/go/upside 📱Get a Discount on Mint Mobile and Pay Less for your Cell Phone Bill (I Save $2,000 a year!!) ► https://sharpemoney.com/go/mintmobile/ 📊 What we cover: → Why a fixed age/number doesn't tell you much → The percent-of-your-number table (works for any age) → Age 25, 35, 45, and 55 worked out in real numbers → The one mistake that adds years to your timeline → A full walkthrough of my free Coast FIRE calculator 📌 A quick note on the math: these examples use each age's current median income, growing only with inflation from there. If you expect real career growth (most people do), plug your expected future income into the calculator instead of your current one for a more accurate number. 📌 Assumptions: 4% withdrawal rate, 80% income replacement, real (inflation-adjusted) return assumptions, monthly compounding. All figures in today's purchasing power. CHAPTERS 0:00 Imagine This 0:43 There's Something About Mary 1:45 Why a Fixed Number Falls Short 2:04 Two Assumptions Behind the Math 2:52 The Percent-of-Your-Number Table 3:17 Age 25 — Your Most Powerful Decade 4:49 Age 35 — The Window Is Narrowing 6:12 Age 45 — Where I Actually Was 8:06 Age 55 — The Honest Math 9:27 The One Mistake (and Finding Your Real Number) 10:58 Free Calculator Walkthrough 13:12 The Bottom Line *Disclaimer: Bob is not a financial advisor. No information, expressed or implied, indicates any level of financial, tax, or legal advice. Please contact a professional & licensed advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.