How to Calculate if You've Already Saved Enough for Retirement—and If It's Time to Slow Down

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.8 • 1.3K Ratings

🗓️ 12 August 2024

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

It's possible you might already have enough saved up for retirement, thanks to the power of compounding—a phenomenon in the FIRE community known as Coast FI. We cover how to calculate that number, if it's a reliable safety net, and what else to keep in mind. Rich Girl Roundup is Money with Katie's weekly segment where Katie and her Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/coast-fi. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:07.0	Pastors.
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0:13.9	Need a crowd pleaser?
0:15.0	Let's watch something with planets.
0:16.8	A musical.
0:18.0	cartoons.
0:18.7	The match.
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0:30.0	Rich girl. Rich Girl Round Up. Round Up.
0:33.0	Love it!
0:37.0	Welcome back, rich people to the Rich Girl Round Up weekly discussion of The Money
0:40.9	with Katie show.
0:42.7	As always, I'm your host, Katie Addy Tossan,
0:44.9	and every Monday, Hannah and I talk about everything.
	...

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