The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business cover image

683: Build Wealth TODAY With the “Beyonce of Personal Finance”

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

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How to Figure Out Coast Fire

Coast fire is a concept that came out early in the early 90s. It stands for financial independence retire early and again, much like generational wealth retirement looks different for everyone. What coast fire means is I've front loaded my investing early on so that compound interest is going to work its magic. For me, my fire number is $1.7 million. That is how much I would need to be able to spend annually around $60,000 a year.

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