About this episode

Ellaine Maala explains Coast FI for nurses and how it can change their relationship with work and finances.

Coast FI Calculator: https://nursingflowsheet.com/coast-fi-calculator-financial-freedom-for-nurses/ ➤ Free Investment CHEAT SHEET: https://www.nursewhoinvests.com/starter ➤ Nurse Money Starter Kit with 40% off for youtube viewers: https://www.nursewhoinvests.com/offers/ty7TNPpx?coupon_code=IG40  Free Investing Class: https://www.nursewhoinvests.com/class   I explain Coast FI for nurses—the point where you’ve invested enough that, even if you stop contributing to retirement accounts today, compound interest can still grow your portfolio to a full retirement by age 65—so you’re done “over-saving” and only need to cover current expenses. I share how hitting my Coast FI number in 2023 changed my relationship with work, helped me leave bedside, reduce hours, and pursue a part-time side hustle. I walk through my free Coast FI calculator built for nurses (no opt-ins), including the inputs (age, retirement age, annual retirement spending, invested assets, contributions, expected return, and safe withdrawal rate) and how it shows your Coast FI progress and target. I also describe how knowing your number makes decisions easier, lowers anxiety, and improves money habits, and I…

People in this episode

Host: Ellaine Maala

Topics covered

• Coast FI
• financial independence
• nursing careers
• investing
• money management

Keywords

• Coast FI
• financial freedom
• nurses
• investment
• retirement planning
• money habits

Mentioned in this episode

Organizations: Nurse Money Starter Kit, Nurse Who Invests, Coast FI Calculator, Nursing Flow Sheet

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