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

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Manage episode 433732945 series 3325316
Content provided by Money with Katie and Morning Brew. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money with Katie and Morning Brew or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

231 episodes

Artwork
iconShare
 
Manage episode 433732945 series 3325316
Content provided by Money with Katie and Morning Brew. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money with Katie and Morning Brew or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

231 episodes

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