Coast FIRE is when you've saved enough for retirement that you no longer need to contribute—just cover your current expenses and coast. But how does it really compare to traditional retirement? We'll break down the pros and cons of both so you can decide which path fits your family's lifestyle and financial goals best.
Next, we’re back with our Coast FIRE Family segment. This month, we’re featuring Jason Edwards from Rhode Island. Jason and his wife Amber reached Coast FIRE with $1.2 million invested. He shares how they did it, the role adoption played in their journey, and how they're now focusing on building generational wealth.
Lastly, my son Calvin joins me for another “Good Word” segment. With school wrapping up, we're talking about generosity, favorite teachers, and celebrating the good in the world—because sometimes, you just need a little positivity.
Resources Mentioned:
Coast FIRE Calculator
Crunch your numbers and find out how close you are to achieving Coast FIRE:
👉 marriagekidsandmoney.com/calculators/coast-fire
Empower
Track your net worth and financial progress for free:
👉 marriagekidsandmoney.com/empower
Monarch Money
Budget and plan your financial goals as a couple:
👉 marriagekidsandmoney.com/monarchmoney
Nectarine Financial
Get fee-only, fiduciary advice with no product pitches:
👉 marriagekidsandmoney.com/nectarine (or include affiliate link if available)
Podcast Chapters:
00:00 – Introduction: What Retirement Means to You
01:00 – Segment 1: Coast FIRE vs. Traditional Retirement
09:00 – Planning Your Retirement: Tools and Tips
12:50 – Segment 2: Jason Edwards' Coast FIRE Journey
13:45 – Jason’s Investment Strategy & Net Worth Breakdown
20:25 – Work, Income, and Family Expenses
24:00 – Adoption and Raising a Child
25:50 – Experiences Over Excess: Jason’s Retirement Philosophy
27:30 – Generational Wealth and Legacy Goals
29:45 – Advice for Future Coast FIRE Achievers
30:59 – Segment 3: A Good Word with Calvin Hill
33:00 – A Story of Student Generosity and Apple’s Support
34:15 – Celebrating Great Teachers
35:45 – Final Thoughts and Quote of the Day
HOW WE MAKE MONEY + DISCLAIMER:
This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products.
Opinions are the creators alone.
Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.
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CREDITS:
Podcast Artwork: Kayli Johnson
Editor: Johnny Sohl
Podcast Support: Nev Maraj
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