What is Coast FIRE?
Coast FIRE is the point where your existing investments are large enough to grow to your full FIRE number by retirement age without any further contributions. You are not fully financially independent yet, but the long-term investing work is already done.
Coast FIRE vs Barista FIRE
Coast FIRE means you can stop investing and simply cover your living costs while your portfolio compounds. Barista FIRE usually means you have enough invested to reduce work, but still need part-time income to cover some expenses or benefits before full retirement.
How to reach Coast FIRE faster
UK investors can accelerate Coast FIRE by using stocks and shares ISAs for flexible tax-free access and SIPPs or workplace pensions for tax relief. Keeping fees low, increasing contributions early, and avoiding lifestyle inflation all make the coast point arrive sooner.