Marriage Kids and Money: Personal Finance for Families How to Reach Coast FIRE by Age 30, 40 and 50
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Jan 21, 2026 Mike English, a Colorado-based insurance broker and personal finance enthusiast, shares his journey of reaching Coast FIRE by his early 30s. He discusses how early investments and family conversations about money play a crucial role in achieving financial goals. Mike highlights strategies like tracking expenses, adjusting investment contributions for family experiences, and teaching children about finances. He emphasizes the importance of aligning financial values and building generational wealth for a secure future.
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What Coast FIRE Really Means
- Coast FIRE means you've saved enough so future compound growth alone reaches your retirement target without more contributions.
- Using a conservative 6% real return and 5% withdrawal frames makes the goal tangible and less scary.
Model With Conservative Return Assumptions
- Use a 6% real return assumption for an 80/20 stock/bond-ish portfolio to model Coast FIRE progress.
- Prefer tax-advantaged after-tax accounts (Roth 401(k), Roth IRA, HSA) for clearer coast calculations.
Target To Coast By 30
- Aim for $280,000 invested by age 30 to coast to $1.8M by 62 at 6% real return.
- Start early and invest consistently to reach that 30-year milestone.
