Coast FIRE by 37 with $950k | Cassie & Cory Jenks

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Coast FIRE by 37 with $950k | Cassie & Cory Jenks

Рет қаралды 6,772

Күн бұрын

Cassie and Cory Jenks achieved Coast FIRE after accumulating $950,000 in investments by age 37.
Here's how they did it and how this Coast FIRE moment has changed their family's future.
Coast FIRE Calculator (free): marriagekidsandmoney.com/calc...
Cory Jenks (website and book): coryjenks.com/
CHAPTERS
00:00 - Intro Coast FIRE by 37 with $950k | Cassie & Cory Jenks
01:19 - Coast FIRE Five
03:40 - Initial Motivation for Investing
05:40 - Current work status
07:35 - What makes up the $950K
09:20 - Has the realization of Coast FIRE changed the amount of retirement contributions?
12:15 - Thoughts on Coast FIRE vs. FIRE
15:00 - What about Coast FIRE was more exciting to you than traditional FIRE?
17:00 - Book details
19:02 - Outro Coast FIRE by 37 with $950k | Cassie & Cory Jenks
#CoastFIRE #CoastFI #FIRECommunity #FamilyFinance #personalfinance
GUEST BIO - Cory Jenks
Cory Jenks is a dynamic individual who leverages comedy to inspire and educate people and organizations, encouraging them to break free from conventional boundaries. As an author, he pens books and articles that share his unique perspective on the world. Cory is also a sought-after speaker, known for his ability to transform audiences through laughter and creative thinking. Despite humorously claiming he's a "slam dunk expert" without the ability to actually dunk a basketball, Cory's true expertise lies in challenging norms and encouraging freedom from societal cages.
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Coast FIRE by 40 with $1.7M | Lauren Boland
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Coast FIRE by 35 with $570k | Danielle from California
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MARRIAGE KIDS AND MONEY:
This award-winning blog, podcast and KZfaq 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 KZfaq channel today to strengthen your family tree and live financially free!
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

Пікірлер: 37

@MarriageKidsandMoney 4 ай бұрын

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

@ItsMe-ko6sz 4 ай бұрын

Keep these coast fire ones coming Andy, much appreciated 👍

@MarriageKidsandMoney 4 ай бұрын

So glad to hear you're enjoying them! I'll add more to the rotation :)

@mayyang8350 4 ай бұрын

As much as I love personal finance, I love that Corey wrote a book that is not on personal finance. They are truly reaching financial independence to follow their passions.

@MarriageKidsandMoney 4 ай бұрын

Kudos to that!

@coryjenks7952 4 ай бұрын

Thanks! There are plenty of personal finance books, but not many on applying comedy to healthcare :) Will say there are plenty of dad books but I think the one I have coming in May is pretty great 😎 Thanks for listening and commenting!

@CW-ez7mn 2 күн бұрын

For the people criticizing them for for not saving more, realize most younger pharmacists I know come out with 200+k in student loans and I also know other healthcare professional with 80-120k in loans i.e. radiology techs, nurses, PA

@klopad57 4 ай бұрын

Great job Cassie and Cory! I am in a similar position as you with 3 little kids under 6. We are just 32 and 33 right now so to see someone in a similar position already go through this it gives us confidence that we can reach coast fire one day too. Thanks for sharing your story!!

@MarriageKidsandMoney 4 ай бұрын

Thank you for watching! Cory and Cassie are great examples to us all!

@MegaKg9 4 ай бұрын

Thanks for sharing very insightful

@MarriageKidsandMoney 4 ай бұрын

Happy you enjoyed it!

@coryjenks7952 4 ай бұрын

Thanks for listening to our story!

@memphistnliving 4 ай бұрын

Similar to your case. Retiring with closer to million dollars in retirement accounts

@MarriageKidsandMoney 4 ай бұрын

That's incredible! Nice work!

@coryjenks7952 4 ай бұрын

well done!

@BigRed2 4 ай бұрын

If they are not retiring for 20 years their nest egg will easily be over $4 Million

@coryjenks7952 4 ай бұрын

Boy I sure hope so!

@SpicyKimchi- 4 ай бұрын

What is the retirement age targeted for? Was that mentioned?

@MarriageKidsandMoney 4 ай бұрын

60 years old.

@coryjenks7952 4 ай бұрын

As 1/2 of the couple in this video, I concur :) @@MarriageKidsandMoney

@MarriageKidsandMoney 4 ай бұрын

@@coryjenks7952 Thanks for confirming! I did some math-ing

@theprocrastinvestor 4 ай бұрын

Sweet 311 poster there. Their last great album.

@MarriageKidsandMoney 4 ай бұрын

Good eye

@coryjenks7952 4 ай бұрын

Thanks! I'm a 311 homer, so I'll still listen to everything else they put out. But this is the internet comment section, it's no place to argue ;) Thanks for catching it and for listening!

@theprocrastinvestor 4 ай бұрын

@@coryjenks7952 aha! While I'm not the ravenous fan I was in the beginning, I suppose I'm still a casual fan. 😎

@ozzyngcsu 4 ай бұрын

Isn't their savings relatively low for a NP and pharmacist at their age?

@MarriageKidsandMoney 4 ай бұрын

I'd say being a millionaire in your 30s is incredible considering over 50% of six-figure earners are living paycheck to paycheck (source: Time.com).

@ozzyngcsu 4 ай бұрын

@@MarriageKidsandMoney It's generally recommended to have 3x your income saved by 40, this is likely right where this couple is/was when they were working full time.

@themadhatter312 4 ай бұрын

They probably had loans and lower pay from government gigs

@coryjenks7952 4 ай бұрын

It's 1/2 of the that couple here! Fair criticism, and only so much time for nuance. I had 6 figures of student loan debt to overcome starting in 2012 when I started working full time, and my wife worked through NP school from 2012-2015 to limit, but not totally avoid loans. Also bought 1st home in 2013. Got student loan free in 2017, which is year we discovered FIRE/started to own personal finance. Had a number of other dumb money moves-new car, whole life, so I would say despite ourselves, we got to where we are all while having 3 kids, moving to our 2nd home, and having a pretty great life in the midst of it all. Thanks for listening and commenting! @@ozzyngcsu

@ozzyngcsu 4 ай бұрын

@@themadhatter312 Good point on the somewhat lower pay but probably still at least $250k combined and public service student loan forgiveness for 2 very expensive degrees.

@SimbolicProductions 3 ай бұрын

Well it’s not really FIRE is it. It’s FI

@MarriageKidsandMoney 3 ай бұрын

FIRE has evolved so much over the years. How are you pursuing it?

@khensley7057 4 ай бұрын

They both had high income profession, so of course they can easily save up to coast fire. This is not as impressive as families that have limited income & achieve fire. Not Impressed

@coryjenks7952 4 ай бұрын

That's a fair criticism, and as we say, we have chosen professions that give us big shovels. As a counter, the number of other professionals in our field who make as much if not more than us hear of us cutting back on work and say "It must be nice" is too high to count at this point. Easier than those who make less? Yes. But still not common among our peers.

@ihustle8599 2 ай бұрын

Income will be a big factor..but it will not be a determining factor for success.. A lot of high earners are still broke because they lack discipline..

@CW-ez7mn 2 күн бұрын