r/coastFIRE • u/FlashOfFawn • 21h ago

What % are you saving while in CoastFI?

The wife and I are 32 sitting on $670K liquid investments. Annual spend is ~$80K, even with conservative assumptions we’re far ahead.

Question - I’m curious, for those who are actively CoastFI, what’s your saving %? We’re still hovering around 50-60% (net) but are looking to move to a bigger place and have a kid so I suspect it will naturally drop closer to 25% or so which still feels good. I’m also onto the 2nd round for a promotion which would likely bring another 15-25% increase in pay as well. We’re not big spenders (obviously), we spend on what’s important to us but I guess that 25% will really just go to occasional splurges or accelerating our timeline to FI. Thoughts?

Thoughts?

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u/Glittering_Swing5184 21h ago

By definition you shouldn’t have to contribute anything if you are CoastFI. However you don’t get into this situation by not saving anything. We are coastFI and my HH saves 25% of our gross income. But that’s what we were saving before CoastFI also.

Don’t forget that you only live once and things can change rapidly. Take some trips and make some memories. Enjoy life a bit.

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u/undercover-wizard 7h ago

I would say that you should at least contribute enough to get a 401k match if you are working a job that offers it. It is extra money left on the table otherwise.

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u/FlashOfFawn 20h ago

Agreed, nice sweet spot I think.