In this episode Michael talks with Anders Skagerberg, AKA The Coast FI Guy. Coast FI is the concept of building a smallish portfolio and let it compound in the background, while you work part-time and wait until your portfolio grows enough large enough to fully retire. Quotes from the episode: "I don't have to do work that I hate for the rest of my life." "I think some of the most important work I have to do in my life, is to spend time with my kids and be a good Dad." "Coast FI just means that saving is optional. That doesn't mean that you cannot save money while coasting to financial independence." "There are no true rules when your designing a custom FI strategy that works for your lifestyle." Show Notes What is Coast FI? https://www.moneyflamingo.com/coast-fi/ Coast FI Calculator: https://walletburst.com/tools/coast-fire-calc/ Get in Touch with Anders: Facebook: https://www.facebook.com/anders.skagerberg LinkedIn: https://www.linkedin.com/in/anders-skagerberg-631089158/ Twitter: https://twitter.com/The_CoastFI_Guy Website: https://www.coastfiguy.com/

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related