Coast FI or Slow FI - Best Way to Retire Early - Kristen Knapp | MHFI 247

December 24, 2024 01:08:02
Coast FI or Slow FI - Best Way to Retire Early - Kristen Knapp | MHFI 247
Mile High FI Podcast
Coast FI or Slow FI - Best Way to Retire Early - Kristen Knapp | MHFI 247

Dec 24 2024 | 01:08:02

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Show Notes

Doug chats with Kristen Knapp about the principles of Coast FI and Slow FI.  Going beyond mere definitions they explore the benefits of these strategies, including reduced stress & greater life satisfaction, along with insights into working part-time, investing strategies, lifestyle design, unexpected life events, and the significance of intentional spending & saving.  They also answer a couple related questions from the Facebook group.

Questions:

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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0:00 Introduction

6:53 Defining Coast FI

12:42 Working vs. passion projects

18:42 Coast FI calculations

25:18 Limitations of Coast FI

34:04 Question – Slow FI vs. regular retirement savings

38:29 Question – Sequence of Returns Risk & Coast FI

47:21 Lifestyle upgrade vs. delaying FI

50:48 Advice to younger selves

57:56 Financial role models

1:04:11 Soundcheck – Testing hobbies

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