The following ideas and topics are influencing our thought processes on what an ideal CoastFIRE journey should account for, and we intend to enhance the tool further based on these considerations:
- How to adequately factor in government benefits like CPP and OAS for retirement income
- Investment beyond traditional financial instruments like stocks and ETFs
- Economic risks such as extended market stagnation (like Japan's Lost Decades)
- Current shift in jobs due to AI and robotics, and how this might affect long-term real estate and stock market values given a potentially shrinking pool of people able to earn, invest, and consume
- Longevity risk - from both individual and general population perspective.
- Book: The Essential Retirement Guide: A Contrarian's Perspective
- Book: Die With Zero: Getting All You Can From Your Money And Your Life
- Housing considerations for now and post-retirement, and perhaps a buy/rent calculator
Future Topics
We're constantly researching and evaluating new concepts relevant to the CoastFIRE approach. These additional considerations will be explored in future updates:
- Balancing CoastFIRE with other financial goals (home ownership, education, etc.)
- Strategies for transitioning to part-time/lower income work during the "coasting" phase
- Addressing critisms of coastFIRE approach from a FIRE perspective (example)
- Impact of geographic arbitrage on CoastFIRE numbers
- Healthcare planning considerations in retirement
- Psychological aspects of early semi-retirement
