Coast FIRE and Social Security: Maximizing Future Resources Now

Coast FIRE and Social Security can feel like a confusing collision of two worlds. But there’s some important overlap between the two concepts. Let's dive in!
Coast FIRE Calculator (free): marriagekidsandmoney.com/calc...
CHAPTERS
00:00 - Intro - Coast FIRE and Social Security
00:35 - Coast FIRE and Social Security Basics
00:50 - Will I even get Social Security?
01:37 - What are Social Security benefits based on?
02:00 - How much Social Security should I receive?
03:00 - Factoring Social Security into your Coast FIRE Strategy
05:28 - Coast FIRE and Social Security Resources
05:33 - Coast FIRE Calculator
06:34 - Social Security Administration Website
08:37 - Outro - Coast FIRE and Social Security
#CoastFIRE #CoastFI #FinancialIndependence #FamilyFinance #PersonalFinance
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BIO - ANDY HILL:
Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock.
✅ CONNECT WITH US
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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, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice.
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CREDITS
Research & Writing: Andy Hill, AFC®
Video Editing: www.editvideo.io
Thumbnails: Ardi, The Thumbnail Wiz
Channel Management: Nev Maraj

[@MarriageKidsandMoney]

Access our free Coast FIRE Calculator here: marriagekidsandmoney.com/calculators/coast-fire/

[@CoStar8]

Hey Andy, Im am glad I’ve ran into your Channel. Im am young and eager to looking forward to learn a lot about financial Independence. I believe and I do believe I’m driven to Learn a lot about Financial Independence. I need someone to direct me to the right path. I really need help to start somewhere. Im driven to learn everything.

[@MarriageKidsandMoney]

I'd recommend reading one or all of these books!
th-cam.com/video/i4kun_qZvx0/w-d-xo.htmlsi=7JyIjxe1kYGwHc1Z

[@bartl006]

Second bend point is important to understand if planning on retiring early. SS website estimate assumes you continue to work until FRA from my understanding. That number could be totally wrong if you retire well before SS calculator thinks you are going to

[@MarriageKidsandMoney]

Great point!

[@MrEscape314]

Actually the website lets you input any age from 62-70.

[@bartl006]

Governmental definition of retiring early is different than mine! ​@@MrEscape314