#Coast Fi

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Holy Cow! 

CoastFI.  This is the term that accurately reflects our plan.  

My understanding is that Coast Fi or Coast FIRE is achieved when an individual has enough money saved in retirement (or other) accounts that the annual rate of growth will support retirement at a typical retirement age without additional contributions to the principal of the account.  We are close...very close.

Freedom is attained with CoastFI through the flexibility of only needing to earn enough money to cover living expenses.  CoastFI will provide us the flexibility to  pursue different jobs that may pay less, but allow us to enjoy our lives and one another more.  The stresses of our current careers are, quite literally, killing us.  With CoastFI, a change is within reach without jeopardizing a comfortable retirement.  

Our plan is to purchase a homestead in the midwest, spend time with our daughters, become members of a community and be more available to our family.    What we will do to earn money is, as of yet, a mystery.   We will have jobs that don't follow us home, if we want to take a vacation or take time off, we will have the flexibility to do so.  Our careers will no longer be our lives and we will have the wherewithal and the means to make our life whatever we want it to be.  We look with longing to these days and feel blessed to be in a position where CoastFI is on the horizon.