One of the great things about living in Canada (or for my case: Denmark) is that you are Coast FIRE right out of the gate. If I live frugally, I can live of government pension.
I retired at 51, moved from Canada to Costa Rica. My advice is to leave your money invested. It's so important to stay in the market. Remember time IN the market beats TIMING the market. Interest rates will come down again the next few times the bank of Canada sets the rates. Next meeting is in Dec.
Smart. I planned for being alone. this way a relationship is a bonus, not something you need to survive. It's a much better position from which to enter any relationship, for both people.
So happy for you that you love your current job and are financially savvy and stable and know what you want. That’s awesome! I’ve been to a handful of countries also and traveling is amazing. Wishing you good luck in your endeavors and I’m enjoying watching your videos
My wife and I both thought we would work until we drop. Unfortunately, I lost her to her health issues before we were ready to retire. My outlook has changed drastically. My priorities now rest with my relationships with family and friends. I’m going to retire soon. I’ll continue to build up my relationships. I also want to explore a musical future.
@@fuz4623 I'm so sorry to hear that. I am glad that it gave you a new perspective on life and you've found out what is important to you though. Life is so much more than money and achievements!
Sorry for your loss. I'm 67, retired 22 years ago and just for what it's worth... relationships are different when working vs retired. When you have just a couple hours of free time a week relationships can fill those hours and be wonderful. When you have 112 hours a week free people can start to think they are alone even while being with others the same amount of time when working. It's a leaky pail to pour much hope into. In wealthy countries others are doing their own thing and many older people have lost social skills needed for fun. What I'm doing is moving to SE Asia next year. Much different culture, much different economy. No problem at all building as many relationships there as a person can handle. Plenty of people with nothing much to do and always ready to interact. Finding a great, fun, attractive, young girlfriend/partner/wife even for an old dude like me is no problem. And long term care when needed is affordable and world class. Consider options.
The number of People who stick it out in a job they hate for far too long because it's just what people do is pretty high. It takes a lot of courage to take the path you have and that's awesome to see. Keep kicking ass and being happy 😊.
Good for you, Brittany! 👏 You’ve got this, girl! You figured it out, and I wish more people your age were as financially and life smart as you. So proud of you! 💖 Open yourself to all possibilities, and the universe will send wonderful things your way. Lots of love, darling.💖💖💖
You're very wise and aware of where you are now and where you want to be both near and far into the future. I wish I could just sit and talk with you about what I experienced as well because there are some similarities but I'm about 10-15 years down the road from you in age... living in the US, wife retired early at 50 years old first (at my request, she was 60+ hours a week and making 1/2 as much as me). Lived that way for a year and then I retired, also at age 50 which is only a short time ago. I was married early in life and divorced a couple years later. Never had kids which I tell people it helped me reach FIRE faster but came with a lot of mental anguish and fears of abandonment. I was afraid to get into a long term relationship again but eventually I found my second wife of over 15 years now without "looking" for her. Randomly met her at a bar while I was out with friends. She was my age but never married and also wanted no kids of her own. We travel occasionally but are thrifty like you. We do a lot of stuff ourselves... gardening, car maintenance, house upgrades, cooking, and we also have chickens now that we raise for eggs. It's a fairly simple life compared to my corporate job that I had at the same company for over 20 years. I didn't need to coast FIRE but I don't rule out working somewhere part time again someday if home life gets to feel too routine. At this point though we both love it a lot and sounds like you will be ready when the time comes as well. She is also not dependent on me for her satisfaction in life nor money-wise. We were formerly big savers during work years and investors and now frugal spenders of our portfolio. You kind of mentioned that in your video and I believe it's important. You don't want to be codependent but rather a compliment to each other's lives. Good luck and best wishes to you!
@@webcompanion wow, thank you so much for sharing your experience! Sounds like you found the perfect partner for you and you're living a really wonderful life 🥰 I aspire to be in a similar position as you later in life!
As for the idea of paying house off faster: Eh, that's so hard. I feel like unless I can actually pay the mortgage off any money I throw to it is just into a black hole . I myself am in US so I don't have same variablity factor. My interest rate is 5.25%. Like you, I'd consider just putting a little extra to it so that it'll be paid off a few years early, but with your youth and situation I think more useful to put any extra into investing, boost up that amount .
Same here. At least that's what I thought. Turned out I just hated traveling with her. Every place had to be on her terms or she'd throw a tantrum. I was like the frog being slowly boiled. Never bad enough to divorce, but slowly pretty bad. For her too no doubt. Once she was gone I snapped back very quickly to doing interesting things. Next year I'm moving to SE Asia and basically traveling around for years. It's a much different deal. I get to go where I want and I can travel with young, fun attractive women happy to be with me. Regretting the past... I don't see how that helps anything.
Hello! First time watcher…. From GTA…. Good to see another Canadian in the fire or FI movement. I never heard of coast fire….. but that is me! lol….. left my six figure salary role at the start of this year to do part time jobs going forward. I saved enough to just let it grow. I work to pay my bills and enjoy life today….. later is planned for. Just need time in the market. 40 and live in a rent controlled apartment. Would love to move but the real estate market is nuts. Likely will never be affordable again so will stay here and retire nice and early. Just one question….. how do you live on 2k a month? lol…. I tend to live like you with a few extras or nice to have splurges but I can’t come close to 2 k….. 3500 is a good amount for these days… just an idea for a future video. Break it down. Just curious as this word is crazy expensive as we all know. Looking forward to seeing more videos from you 👍
Hey! Sounds like we have very similar values indeed ☺️ the $2,000/mo would be my projected spending in retirement with a paid off mortgage, so housing (my biggest expense) will be much lower than it is now. I do monthly net worth update videos where I include full expenses breakdowns and I'm definitely spending more like $3K/mo now that I live alone. I was closer to $2,300 or so with a live in partner though.
I enjoy long walks on the beach with my dog, enjoy music, riding my bike and doing other physically active activities. You seem interesting... Would you like to catch a cup coffee.... Wait, I saw a cat in the background never mind..... Just joking :) Great video! It is great that you are planning your route through life. I think the real message is that you must have some FU money. It is fortunate, that I actually enjoy being a minimalist which by its nature is somewhat frugal. Now, minimalist do not necessarily try to be frugal, but we just do not buy much of anything. I am right there with you that I do not drive for anything. I still own a car, but I have only driven about 4 or 5 times over the last year. I am wasting money owning the car, and at some point I will sell it, and save even more money. Yes, it is important to learn to be very good at living alone before adding another person to your life I think. If you want to retire, it is very important any person who gets added to your life is onboard with living responsibly. Best luck with your coast fire.
@@Joseph2day thank you! Minimalism is something I've semi-adopted and is definitely in line with a fire focused and frugal lifestyle. It's also just so satisfying to live with less! Thank you for watching and for the comment 😊
I really appreciate this thoughtful video reflecting on your experience of Coast FI for last 3 years. To me the part you say about how before you always wanted to be planning your next escape - you needed a trip booked to keep you able to stand your current life. Now you make less but LOVE your job and life you've made, which is a more simple, slow one, and you don't feel any desire to escape, trips are just for the joy of travel, no the escapism from your reality. WOW its so powerful. I'd say that's the serious goal of coast FI to me - to be able to live a life we love NOW . When I was growing up I felt like my mom always was putting her energy toward trips, too. I formed perspective back then that I wanted my regular life to be content and happy, rather than just 2 week trips. It's way depressing to feel that way in life. Hence why I too have been plotting my coast FI life for the last few years ! :)
@@TheahLil thank you so much for the thoughtful comment 🥰 it really is true happiness and freedom to be content with you current life & practicing gratitude. It's worth all the money in the world!
It’s possible these are edge cases, but it’s baffling how some people in this generation seem to factor a partner into their lives primarily as a means to generate income. This mindset is absurd! Have you ever heard the phrase, "life happens"? Imagine finding a partner and aligning perfectly on financial goals, only for unexpected circumstances to arise-like your partner falling ill, and you becoming their full-time caregiver. Would you be able to adapt, shift gears, and do whatever it takes to support the household, not just financially but emotionally too? The future is unpredictable, and while planning is important, it’s equally vital not to base your personal financial goals on having a partner, as though moving in with someone automatically boosts your income by splitting living expenses.
Thanks for sharing the state of your journey. Looks like you've figured out a lot of important things.. probably more than most people. Good stuff!
One of the great things about living in Canada (or for my case: Denmark) is that you are Coast FIRE right out of the gate. If I live frugally, I can live of government pension.
I retired at 51, moved from Canada to Costa Rica. My advice is to leave your money invested. It's so important to stay in the market. Remember time IN the market beats TIMING the market. Interest rates will come down again the next few times the bank of Canada sets the rates. Next meeting is in Dec.
@@ib516 "time in the market" is gospel to me! I am leaning more towards continuing to invest so thank you for your thoughts on that front 🙏
It's so soothing to hear people doing the same thing and having the same thoughts. Enjoy life!❤
@@hannathehappynomad yay!! I love finding like minded people, thank you for watching 🥰
Smart. I planned for being alone. this way a relationship is a bonus, not something you need to survive. It's a much better position from which to enter any relationship, for both people.
So happy for you that you love your current job and are financially savvy and stable and know what you want. That’s awesome! I’ve been to a handful of countries also and traveling is amazing. Wishing you good luck in your endeavors and I’m enjoying watching your videos
@@markwilkins1544 thank you so much for the kind words and support ❤️
@@brittanymorgan09 Thank you for sharing your story 😊
My wife and I both thought we would work until we drop. Unfortunately, I lost her to her health issues before we were ready to retire. My outlook has changed drastically. My priorities now rest with my relationships with family and friends. I’m going to retire soon. I’ll continue to build up my relationships. I also want to explore a musical future.
@@fuz4623 I'm so sorry to hear that. I am glad that it gave you a new perspective on life and you've found out what is important to you though. Life is so much more than money and achievements!
Sorry for your loss.
I'm 67, retired 22 years ago and just for what it's worth... relationships are different when working vs retired. When you have just a couple hours of free time a week relationships can fill those hours and be wonderful. When you have 112 hours a week free people can start to think they are alone even while being with others the same amount of time when working. It's a leaky pail to pour much hope into. In wealthy countries others are doing their own thing and many older people have lost social skills needed for fun.
What I'm doing is moving to SE Asia next year. Much different culture, much different economy. No problem at all building as many relationships there as a person can handle. Plenty of people with nothing much to do and always ready to interact. Finding a great, fun, attractive, young girlfriend/partner/wife even for an old dude like me is no problem. And long term care when needed is affordable and world class.
Consider options.
The number of People who stick it out in a job they hate for far too long because it's just what people do is pretty high. It takes a lot of courage to take the path you have and that's awesome to see. Keep kicking ass and being happy 😊.
@@Hawk2phreak thank you 🥰❤️ I'm really happy with my decision and hope to inspire others to chase a similar life!
Good for you, Brittany! 👏 You’ve got this, girl! You figured it out, and I wish more people your age were as financially and life smart as you. So proud of you! 💖 Open yourself to all possibilities, and the universe will send wonderful things your way. Lots of love, darling.💖💖💖
@@renatamortazavi2450 thank you!! ❤️ I am very optimistic for the future and feel like everything is already falling into place 🥰
You’re on the path. Keep going 👍🏾
@@WinningWithIsaac thanks! 🙏 I definitely will keep pushing
You're very wise and aware of where you are now and where you want to be both near and far into the future. I wish I could just sit and talk with you about what I experienced as well because there are some similarities but I'm about 10-15 years down the road from you in age... living in the US, wife retired early at 50 years old first (at my request, she was 60+ hours a week and making 1/2 as much as me). Lived that way for a year and then I retired, also at age 50 which is only a short time ago.
I was married early in life and divorced a couple years later. Never had kids which I tell people it helped me reach FIRE faster but came with a lot of mental anguish and fears of abandonment. I was afraid to get into a long term relationship again but eventually I found my second wife of over 15 years now without "looking" for her. Randomly met her at a bar while I was out with friends. She was my age but never married and also wanted no kids of her own.
We travel occasionally but are thrifty like you. We do a lot of stuff ourselves... gardening, car maintenance, house upgrades, cooking, and we also have chickens now that we raise for eggs. It's a fairly simple life compared to my corporate job that I had at the same company for over 20 years. I didn't need to coast FIRE but I don't rule out working somewhere part time again someday if home life gets to feel too routine. At this point though we both love it a lot and sounds like you will be ready when the time comes as well.
She is also not dependent on me for her satisfaction in life nor money-wise. We were formerly big savers during work years and investors and now frugal spenders of our portfolio. You kind of mentioned that in your video and I believe it's important. You don't want to be codependent but rather a compliment to each other's lives.
Good luck and best wishes to you!
@@webcompanion wow, thank you so much for sharing your experience! Sounds like you found the perfect partner for you and you're living a really wonderful life 🥰 I aspire to be in a similar position as you later in life!
First time watcher. What do you do for a living (before and now)? :)
As for the idea of paying house off faster: Eh, that's so hard. I feel like unless I can actually pay the mortgage off any money I throw to it is just into a black hole . I myself am in US so I don't have same variablity factor. My interest rate is 5.25%. Like you, I'd consider just putting a little extra to it so that it'll be paid off a few years early, but with your youth and situation I think more useful to put any extra into investing, boost up that amount .
My wife loved traveling and I hate traveling. My big regret is not helping her travel more.
@@fuz4623 I hope she was still able to travel and see places solo or with friends!
Same here. At least that's what I thought. Turned out I just hated traveling with her. Every place had to be on her terms or she'd throw a tantrum. I was like the frog being slowly boiled. Never bad enough to divorce, but slowly pretty bad. For her too no doubt.
Once she was gone I snapped back very quickly to doing interesting things. Next year I'm moving to SE Asia and basically traveling around for years. It's a much different deal. I get to go where I want and I can travel with young, fun attractive women happy to be with me.
Regretting the past... I don't see how that helps anything.
Great video, loved this so much!!
Thank you ☺
@@wanderlustwildness2402 thank you so much!
Great video...super interesting and a lot of your insights really resonate with me 🙌❤️
@@mrmountainhiker9646 thank you! I'm really glad you connected with the message 😊
@brittanymorgan09 big time 🥰
gold! subscribed
@@vaidotasratkus1886 thank you & welcome! 🙏
Hello! First time watcher…. From GTA…. Good to see another Canadian in the fire or FI movement. I never heard of coast fire….. but that is me! lol….. left my six figure salary role at the start of this year to do part time jobs going forward. I saved enough to just let it grow. I work to pay my bills and enjoy life today….. later is planned for. Just need time in the market. 40 and live in a rent controlled apartment. Would love to move but the real estate market is nuts. Likely will never be affordable again so will stay here and retire nice and early. Just one question….. how do you live on 2k a month? lol…. I tend to live like you with a few extras or nice to have splurges but I can’t come close to 2 k….. 3500 is a good amount for these days… just an idea for a future video. Break it down. Just curious as this word is crazy expensive as we all know. Looking forward to seeing more videos from you 👍
Hey! Sounds like we have very similar values indeed ☺️ the $2,000/mo would be my projected spending in retirement with a paid off mortgage, so housing (my biggest expense) will be much lower than it is now. I do monthly net worth update videos where I include full expenses breakdowns and I'm definitely spending more like $3K/mo now that I live alone. I was closer to $2,300 or so with a live in partner though.
You got this! 🎉
I enjoy long walks on the beach with my dog, enjoy music, riding my bike and doing other physically active activities. You seem interesting... Would you like to catch a cup coffee.... Wait, I saw a cat in the background never mind..... Just joking :) Great video! It is great that you are planning your route through life. I think the real message is that you must have some FU money. It is fortunate, that I actually enjoy being a minimalist which by its nature is somewhat frugal. Now, minimalist do not necessarily try to be frugal, but we just do not buy much of anything. I am right there with you that I do not drive for anything. I still own a car, but I have only driven about 4 or 5 times over the last year. I am wasting money owning the car, and at some point I will sell it, and save even more money. Yes, it is important to learn to be very good at living alone before adding another person to your life I think. If you want to retire, it is very important any person who gets added to your life is onboard with living responsibly. Best luck with your coast fire.
@@Joseph2day thank you! Minimalism is something I've semi-adopted and is definitely in line with a fire focused and frugal lifestyle. It's also just so satisfying to live with less! Thank you for watching and for the comment 😊
I really appreciate this thoughtful video reflecting on your experience of Coast FI for last 3 years. To me the part you say about how before you always wanted to be planning your next escape - you needed a trip booked to keep you able to stand your current life. Now you make less but LOVE your job and life you've made, which is a more simple, slow one, and you don't feel any desire to escape, trips are just for the joy of travel, no the escapism from your reality. WOW its so powerful. I'd say that's the serious goal of coast FI to me - to be able to live a life we love NOW . When I was growing up I felt like my mom always was putting her energy toward trips, too. I formed perspective back then that I wanted my regular life to be content and happy, rather than just 2 week trips. It's way depressing to feel that way in life. Hence why I too have been plotting my coast FI life for the last few years ! :)
@@TheahLil thank you so much for the thoughtful comment 🥰 it really is true happiness and freedom to be content with you current life & practicing gratitude. It's worth all the money in the world!
@@brittanymorgan09 Truth! I've been feeling super appreciative for my simple, cute life! I just really think it's adorable to live slow!
It’s possible these are edge cases, but it’s baffling how some people in this generation seem to factor a partner into their lives primarily as a means to generate income. This mindset is absurd! Have you ever heard the phrase, "life happens"? Imagine finding a partner and aligning perfectly on financial goals, only for unexpected circumstances to arise-like your partner falling ill, and you becoming their full-time caregiver.
Would you be able to adapt, shift gears, and do whatever it takes to support the household, not just financially but emotionally too? The future is unpredictable, and while planning is important, it’s equally vital not to base your personal financial goals on having a partner, as though moving in with someone automatically boosts your income by splitting living expenses.