Did She Already Reach Coast FI at 46? (Finance Friday)

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.6 • 2.9K Ratings

🗓️ 10 October 2025

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench tackle two pivotal financial decisions with their guest, Kristel. Has she already achieved Coast FI without realizing it? And should she keep her current house or sell it to accelerate her path to financial independence? Kristel opens up about her journey from a frugal upbringing to building an impressive $1.32 million net worth. Mindy and Scott dig deep into her numbers—dissecting her assets, income streams, and monthly expenses—to give Kristel options for her ideal FIRE life. From house hacking opportunities to smart investment moves and strategic part-time work, this episode delivers actionable insights for anyone navigating their own FI journey. This Episode Covers: How Kristel built $1.32M Her current income, expenses, and savings rate Her financial independence goals and timeline House hacking opportunities to reduce housing costs Investment strategy options for her portfolio Is Kristel Coast FI? With help from The Fioneers Coast FI calculator Part-time work options to bridge the gap to full FI Tax optimization and withdrawal strategies And SO much more! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today, we're tackling two major financial questions that could reshape our guest's entire fire journey.
0:06.9	One, has she already reached Coast Phi? And two, should she keep or sell her house?
0:12.5	We will dig into the numbers on both fronts, exploring how her house fits into her Coast Phi calculations
0:18.3	and helping break down decisions that could dramatically impact her
0:22.0	path to financial independence.
0:29.1	Hello, hello, hello, and welcome to the Bigger Pockets Money podcast.
0:32.3	My name is Mindy Jensen.
0:33.4	And with me, as always, is my Zooming to Fire co-host Scott Trench.
0:37.3	Thanks, Mindy.
0:37.9	Great to be here.
0:38.6	Love to get a crystal clear picture into folks' finances and think about the paths to fire.
0:44.0	Crystal, speaking of Crystal, thank you for your willingness to share all of your numbers for this episode of Finance Friday.
0:49.2	We are so excited to explore your options and unpack your situation today.
0:53.0	Welcome to Bigger Pockets Money.
0:54.4	Thank you very much. I as well am so excited to see what you guys can offer and see what we can
1:01.7	come up with. Me too. Okay, before we get into all of the numbers, could you give us, you know,
1:06.8	the high level 10,000 foot overview of your journey with money to, you know, how we got here
1:11.4	today? Sure. So I am probably like a lot of other folks. I grew up in a big family, one of six
1:18.8	kids. My parents were definitely money-minded. I would say looking back now that they more or less fell to the scarcity mindset, though.
1:30.9	So we were super frugal, tracked money, tracked expenses, spent the least amount of money on most items,
1:38.8	which I suppose really did help me as I, you know, grew into adulthood. And as soon as, you know, I got
1:46.6	married at a young age, married somebody that was a service member and so got to start kind of my
	...

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