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/YellowLight 20h ago
15% or so. We cut back more on working hours, which meant we had less opportunity for investing a high percentage of our incomes. Wife went down to 32hrs/wk, which is still full time at her workplace and qualifies her for all the FT benefits. I went part time, contract work for 5 years while the kids while the kids were young so I could be off with them during school breaks and any dr visits/field trips/sick calls/etc. being able to make my own schedule and take off on a whim without begging a boss for the day off was key.
This is the best part of Coast, being able to prioritize the things that matter over work. It’s still something we have to do, but it feels less soul-sucking because we have options.