In this episode Michael talks with Anders Skagerberg, AKA The Coast FI Guy. Coast FI is the concept of building a smallish portfolio and let it compound in the background, while you work part-time and wait until your portfolio grows enough large enough to fully retire.
Quotes from the episode:
"I don't have to do work that I hate for the rest of my life."
"I think some of the most important work I have to do in my life, is to spend time with my kids and be a good Dad."
"Coast FI just means that saving is optional. That doesn't mean that you cannot save money while coasting to financial independence."
"There are no true rules when your designing a custom FI strategy that works for your lifestyle."
Show Notes
What is Coast FI?
https://www.moneyflamingo.com/coast-fi/
Coast FI Calculator:
https://walletburst.com/tools/coast-fire-calc/
Get in Touch with Anders:
The Mrs Smart Money Interview - Part 2
The Mrs Smart Money Interview - Part 1
Good & Bad Money Spending Habits
Travel & FIRE, with Stephen
Property VS Stocks, With Andrew
I Don't Really Want to Retire Early - Interview with Tom - Part 2
The Gen Z FIRE Blueprint - Interview with Tom - Part 1
The Money Flamingo Tribute
Your Questions Answered 2023
How to Get Started in Buying Investment Property
Ways to Increase Your Income - Part 4
Introducing the 20:20 Rule
The Great Supermarket Ripoff
Are Solar Panels a Good Investment?
The Art of Money and Communication Interview
FIRE is for Everyone - Interview with Joshua
The Elephant in the Room
Mortgages with Laura Mansbridge
My 12 FIRE Rules - Part 2
My 12 FIRE Rules - Part 1
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