We Reached Coast FIRE! How We Saved $500k by 40

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9 • 604 Ratings

🗓️ 6 September 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our family has reached Coast FIRE! After saving and investing over $500,000 before our 40th birthdays, we are pumping the breaks on investing for retirement and focusing on other goals in our lives. Find out how we did it and what those goals are in today's episode. Also, for our Be the Change segment, Ed Grocholski from Junior Achievement shares why it's important to teach kids financial and entrepreneurial skills ... especially after the pandemic. Lastly, we have another money quiz with my daughter Zoey and we'll read the review of the month! RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Wallet Burst Coast FIRE Calculator: https://walletburst.com/tools/coast-fire-calc/ Compound Interest Calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator Junior Achievement: https://jausa.ja.org/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi, this is Ava from Vanta.
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0:17.0	So whether you're a startup going for your first stock two or ISO-27,001,
0:21.5	or a growing enterprise managing vendor risk, Banta makes it quick, easy, and scalable,
0:26.4	and I'm not to say that because I work here. Get started today at banta.com.
0:32.4	If you spend more than $10,000 per year, that retirement savings wouldn't even last a year. So if Coastfire
0:40.4	sounds awesome, but living on less than $10,000 per year sounds horrible, then it's time to get
0:45.9	racking with your retirement investing.
1:00.2	This show is dedicated to helping you, strengthen your family tree, and live financially free.
1:04.5	Welcome to the Marriage Kids and Money podcast, everybody. This is Andy Hill. And today, we're going to do three things. First, we're going to be answering a question about how to achieve
1:10.1	Coastfire. Second, we are back with be answering a question about how to achieve Coastfire.
1:11.9	Second, we are back with our Be the Change segment.
1:14.8	And for our new listeners, this is a quarterly segment we do that focuses on a charity or
1:19.9	nonprofit that is helping kids to have a better chance at a great life.
1:24.3	This quarter, we're featuring junior achievement.
1:27.1	This is an organization focused on
1:28.6	helping kids succeed through entrepreneurship, financial skills, and career readiness. And last but
1:35.8	not least, my daughter Zoe and I are going to be doing another money quiz. And we will read
1:41.5	our review of the month for this month's book giveaway.
	...

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