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Coast FIRE Calculator Canada | Stop Saving and Let Compound Growth Work

Updated

Coast FIRE Calculator

Coast FIRE = The portfolio value where you can stop saving and compound growth alone will fund your retirement.

Coast FIRE Formula

Coast FIRE Number = FIRE Number ÷ (1 + growth rate)^years

Coast FIRE Numbers by Age

Assuming:

  • Target retirement age: 65
  • FIRE number: $1,500,000 (for $60,000/year expenses)
  • 7% real growth rate
Current Age Years to 65 Coast FIRE Number
25 40 years $100,000
30 35 years $140,000
35 30 years $197,000
40 25 years $276,000
45 20 years $388,000
50 15 years $544,000
55 10 years $762,000

The earlier you start, the less you need.

Coast FIRE at Age 30

If you’re 30 years old with $140,000 invested, here’s what happens with no additional contributions:

Age Portfolio Value Status
30 $140,000 Coast FIRE achieved
35 $196,000 Growing
40 $275,000 Growing
45 $386,000 Growing
50 $541,000 Growing
55 $759,000 Growing
60 $1,065,000 Growing
65 $1,493,000 Target reached

At 7% real returns, no additional savings required

Coast FIRE Numbers by Target Amount

Target at 65 Age 25 Age 30 Age 35 Age 40
$1,000,000 $67,000 $93,000 $131,000 $184,000
$1,250,000 $83,000 $117,000 $164,000 $230,000
$1,500,000 $100,000 $140,000 $197,000 $276,000
$1,750,000 $117,000 $163,000 $230,000 $322,000
$2,000,000 $133,000 $187,000 $263,000 $368,000

How Coast FIRE Changes Your Options

Once you hit Coast FIRE, you can:

Option Description
Downshift career Take a lower-paying, more enjoyable job
Work part-time Cover expenses with 20-30 hours/week
Start a business Less pressure since retirement is covered
Take a sabbatical Extended time off without derailing retirement
Pursue education Go back to school without financial stress
Geographic arbitrage Move somewhere cheaper, work less

Canadian Coast FIRE Advantages

Lower target numbers

  • CPP at 65: ~$15,000/year (reduces target by $375,000)
  • OAS at 65: ~$8,700/year (reduces target by $217,500)
  • Combined: ~$593,000 less portfolio needed

Example with Canadian benefits

Component Amount
Portfolio needed (no CPP/OAS) $1,500,000
Minus CPP value -$375,000
Minus OAS value -$217,500
Adjusted FIRE number $907,500
Coast FIRE at 30 $85,000

This assumes average CPP benefits. Your actual amount will vary based on contributions.

Reaching Coast FIRE in 10 Years

Monthly Savings 7% Returns Coast FIRE Reached
$500/month $86,000 Low expenses
$1,000/month $173,000 Comfortable
$1,500/month $259,000 FIRE-focused
$2,000/month $346,000 Aggressive