$100,000 at 25?

If you have $100,000 invested by age 25, you could stop saving for retirement forever, and you’d still retire a millionaire using “CoastFIRE”. That’s a form of financial independence, retire early. Since thats ambitious, here are the numbers you need for the following ages: 25: ~100K 30: ~140K 35: ~200K 40: ~275K 45: ~388K You don’t fully stop working, but it does mean you can take on a part-time job or just get a job that covers your bills only! What are your thoughts on this strategy? Would you do CoastFIRE? Let me know in the comments. Of course, that's really ambitious. So here are some numbers and different age ranges. And if you can hit these portfolio numbers by that age, then this is technically a form of early retirement where you can just stop saving altogether. And it's called CoastFIRE. As the name suggests, your portfolio at this point is already big enough that the compounding alone will grow it into a full retirement, and all you have to do is coast at your job and cover your monthly bills. It doesn't mean you actually quit your job, but you might be able to leave a job you don't enjoy or takes up too many hours, and instead, you can take on a part-time job or a lower stress role. So this might mean you take a pay cut and do something you really like, as long as it can cover your monthly bills, that's all you really need. Your portfolio doesn't need to be touched after you hit these checkpoints. The number that you need to hit though, does climb with age. So it's $100K at 25, but almost $400K at 45. That's because every year that you wait, your money has less time to compound. So the balances required get higher and higher. So would you do CoastFIRE?