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416 | Learning to Leave | Diania Merriam

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Coast Phi

Coast Phi is when you have enough in your retirement vehicles or investment vehicles that if you don't contribute one more dollar it will grow through the power of compound interest to what you need a traditional retirement age. I was 33 when I realized I was at Coast Phi status and so it gives you the almost permission to kind of downshift because your savings for traditional retirement are basically done. Now all you need to do is cover your expenses which for me are two thousand dollars a month.

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