Coast FIRE Explained [+New Coast FI Calculator] – 2021 Update

Coast FI is a FIRE alternative that uses compound interest and semi-retirement to get to Financial Freedom.

Coast FIRE is becoming more popular as a Financial Independence strategy all the time. It is a very powerful concept. Our own approach to FIRE is based around Coast FI principles and has allowed us to claim our freedom back and semi-retire in 2020. We are now coasting to Financial Independence while enjoying more freedom … Read more

Financial Independence And Life Planning: The Ultimate Recipe For Happiness

Life Planning is essential for Financial Independence Success and Happiness. Design a lifestyle that is in line with your goals to create real meaning and fulfillment in your life - long before you reach FIRE.

Financial Independence is an incredibly powerful tool. It allows us to create the time and freedom needed to pursue the things that we want out of life. However, there is a catch: If we don’t have a clear idea of what we really want, Financial Independence can take the place of our actual goals. It … Read more

Why We Need Different Types of Financial Independence

Whether your goal is Lean, "Traditional" or Fat FIRE, there is a path to Financial Independence that is right for you: CoastFI, Barista FIRE and many more.

There are many FIRE acronyms and “types” of Financial Independence these days. These often get made fun of in the FIRE Community. Sure, some of these have hilarious names. But let me tell you one thing: If you roll your eyes every time someone comes up with a new FIRE term, you are missing the point.

(Early) Semi-Retirement: Everything You Need to Know

Semi-Retirement is a step between full-time work and traditional retirement. While working part-time is widely understood as part of a semi-retired lifestyle, the exact definition depends on who you ask.  Depending on your plans for FI, semi-retirement will likely be part of the mix: I often write about Coast FI, an approach to FI that … Read more

What the Flock is Flamingo FI? – Part 2

In part 1 of this post we discussed the four stages of Flamingo FI and how it allows you to quit the 9-5 in record time. By now you know how Flamingo FI works – you work and save hard for a few years and then you semi-retire. While you are busy enjoying the perks … Read more

What the Flock is Flamingo FI? – Part 1

Flamingo FI is a funky remix of the best parts of three different retirement lifestyles – Semi-Retirement, Early Retirement (FIRE) and Traditional Retirement. Soon after we started our journey towards Financial Independence, it became clear to us that we didn’t want to be chained to our desks until we hit our FIRE number. We had … Read more