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It means you don't have to contribute further to your retirement accounts in order to have a normal retirement at a normal age. In that sense, you are "coasting" because the heavy lift of a normal retirement (which most people fail to do) is done. Any saving after you reach coastFIRE either increases your lifestyle in retirement or brings forward your retirement date.
Coast on your low salary while your earnings grow. Kinda like barista fire.
Mentor
Yeah my understanding is barista fire you ~need~ to work some sort of job but it can be low paying and coast is you could spend 100% of your income and be fine retirement wise
It means you live at the beach
And there's a nearby wild fire. So I guess your beach is in Northern California or Australia.
Mentor
You don’t need to make additional retirement savings
San Diego.