BiggerPockets Money Podcast · Wednesday, July 15, 2026
Scott Trench views financial independence as a spectrum, with Coast FI representing a crucial milestone. He suggests that reaching this stage grants individuals more power over their employment choices, allowing them to potentially take less demanding or lower-paying jobs that offer greater personal fulfillment.
“I think coastfire is for many people on the journey to financial independence, the first milestone where there's a little bit of that sigh of relief like I have power over my boss now.”
“I don't need the highest paying job in order to retire or, you know, I can begin to expand my my viewpoint and maybe begin to take more risk or take a little bit more time back in my day.”