Coast FIRE w/ $380k by 40 in Arizona | Kathryn Hanna

Kathryn Hanna achieved Coast FIRE after accumulating $380,000 in investments by age 39. Here's how she did it!
Coast FIRE Calculator (free): marriagekidsandmoney.com/calc...
Kathryn Hanna (website): www.makingyourmoneymatter.com
CHAPTERS
00:00 - Intro - Coast FIRE by 40 w/ $380k
00:59 - Coast FIRE 5
04:15 - What drew you to the FIRE community?
05:15 - Feelings living abroad
06:17 - When Coast FIRE was achieved
07:20 - What makes up the $380K?
08:17 - Taxable brokerage accounts
09:37 - Financial stability after divorce
11:20 - Discussing finances with your spouse
13:33 - Managing household finances
14:52 - Conversations about money with the kids
15:35 - Pausing contributions once Coast FIRE is reached
16:40 - Michigan home and future plans
17:45 - One step to reaching Coast FIRE
18:40 - Finding your goals
21:07 - Coast FIRE Calculator
#CoastFIRE #CoastFI #FIRECommunity #FamilyFinance #personalfinance
GUEST BIO - Kathryn Hanna
Kathryn Hanna is a finance expert and advocate for sustainable investing. She founded MakingYourMoneyMatter.com, a platform dedicated to educating individuals on aligning their financial goals with their values.
Through her insightful articles and guides, Kathryn empowers people to make informed decisions that benefit both their portfolios and the world around them. As a speaker and thought leader, she champions the principles of conscious capitalism, reshaping the financial industry for positive social and environmental impact.
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MARRIAGE KIDS AND MONEY:
This award-winning blog, podcast and KZbin channel are dedicated to helping families build wealth and thrive. Each week, Andy Hill shares actionable advice and tips for family financial independence. Also, he interviews personal finance experts, families who've achieved financial independence and debt-free parents to inspire you to do the same.
BIO - ANDY HILL:
Andy Hill 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 downloads and 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 in his hammock.
✅ CONNECT WITH US
Instagram: / marriagekidsandmoney
Facebook: / marriagekidsandmoney
Blog: www.marriagekidsandmoney.com
Podcast: www.marriagekidsandmoney.com/...
Facebook Group: www.marriagekidsandmoney.com/...
Subscribe to my KZbin channel today to strengthen your family tree and live financially free!
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.
Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
CREDITS
Research & Writing: Andy Hill
Video Editing: EditVideo.io
Thumbnail: Ardi, The Thumbnail Wiz
Channel Management: Nev Maraj

[@MarriageKidsandMoney]

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

[@Drizz1717]

I'm here because if Making Your Money Matter!

[@MarriageKidsandMoney]

Awesome! Kathryn is inspiring!

[@Drizz1717]

Nice let's gooo!

[@bobknob8440]

Maybe I did the math wrong but $380k coast fire at age 39, 7% growth doesn't work. 10% with 3% inflation meets her expected 1.5 mil at age 60.

[@lilibethvilella]

Recommend book “The Sun Always Pierces Through” On healing forward from divorce ☀️

[@Zeldasmojo]

What does she do for healthcare?

[@brandoncheah3954]

She says she is a CFP but she has a financial planner for her retirement accounts? Also, she says she's 80/20 in funds and that is aggressive for her age? Does she get alimony? What other income streams does she have currently? How is she supporting 3 kids as a single mom? Personally, for me, $380k at 39 is not enough without factoring inflation, kids going to college, etc. I would still be contributing, instead of coasting. She also talks about priorities in life, seems to me that one of her main priorities is making 'herself' happy.

[@MarriageKidsandMoney]

It's hard to pour from an empty cup. I applaud Kathryn for taking care of herself and ensuring she is financially and emotionally strong. Also, it's not a small thing to bare your soul on the internet so try your best to realize that. I'm glad you saw important differences in your specific approach. That's the goal of these interviews. To learn from others' plans, see what you appreciate about those plans and how you might do it differently.

[@brandoncheah3954]

@@MarriageKidsandMoney This was not an attack on her. She has been through a lot and should do what makes her happy. Love your positivity in trying to educate others. Financial literacy is such an important aspect of life that is not taught.

[@MarriageKidsandMoney]

@@brandoncheah3954 I appreciate your response and thoughtful dialogue. I've been a fan and friend of Kathryn for years and I'm quick to support her. I'm excited about this new chapter in her life. I believe I can improve these interviews by asking more detailed questions as I see that becomes important for viewers to learn more. I would encourage you to connect with Kathryn on her website as she has so graciously opened up her life for others to learn as well -- www.makingyourmoneymatter.com/about/

[@kungfujesus]

Yeah my coast fire calculators say 380k isn't enough. I am probably doing it wrong

[@SurpriseMeJT]

Also, how much did she get from her divorce?

[@sbkpilot1]

Real return of 7% is not conservative at all.. given today's valuations I would estimate 2-3% real over the next 20 years... assuming 5-6% nominal with 3% inflation

[@kay203]

Hope yoy enjoyed Korea durinf expat time! (as a Korean who live in NJ now) Curious why you have financial advisor manage your funds when you're CFP yourself

[@Rune-Eriksen225]

How do most of you guys still make profit? Even with the downturn of the economy and ever increasing life standards

[@MarriageKidsandMoney]

On stock market portfolios? Or an income to pay for life's expenses?

[@masoncnc]

I wish I could file for divorce and get my bills paid from the ex. Not throwing shade on this video in particular. Just the court system and having testicles.

[@SA-hy7ef]

True

[@jsedge2473]

Retirement hack: be a woman and steal half a mans paycheck

[@hannathehappynomad]

Not all of us do. And some even have to take care of kids 100% of the time while trying to pay the bills

[@TheFirstRealChewy]

$380K invested by age 40 to coast fire? Is a 7% rate of return after adjusting for inflation considered conservative? If so I'm ultra conservative because I'm using 2-3% for my estimates. That said, if I fo get 7% and can retire early then that's a nice bonus.

[@myfirelsjourney947]

2-3% is extremely conservative. Average return is 10%+.

[@greenlantern1986]

I would say 2-3% is unrealistically low unless you're in some bad funds.

[@FIRED13]

WTF 2-3%.? I'm ultra conservative and I use 4.25-4.50%