coast fi

have you already saved enough to stop saving?

coast fi is the point where the money you've already invested could grow on its own to cover your retirement. you'd still work to pay today's bills — you just wouldn't need to put another dollar toward retirement.

01 — your situation

a — your current ageb — age you want to retire

c — household

only changes the default for government benefits below.

d — yearly spending in retirement$in today's dollars. think current spending minus things that'll be gone by then — mortgage, kids' costs.e — invested for retirement now$RRSP, TFSA, non-registered. don't count the home you live in.f — equity in a rental property$optional. only if you'd sell it (or count on it) at retirement — what it would sell for minus what's left on the mortgage. if you'd keep renting it out, leave this at 0 and put the rent in the next field.g — other retirement income / yr$rental income (if you keep the place), a workplace pension, etc. use what it would bring in once the mortgage is paid off.

h — CPP + OAS per year$CPP = canada pension plan, OAS = old age security. conservative placeholder. max CPP at 65 is about $1,507/month and max OAS about $752/month in 2026, but most people get less — your real estimate is in My Service Canada.don't count government benefits

i — assumed yearly return: 5%5% is roughly what investments earn after inflation. 7% is the number you see online — it doesn't account for inflation, so it makes things look rosier.

02 — your coast number today

$235,278

you're $209,278 away from coast.

your fi number

$1,000,000

what you'd need invested at retirement.

your investments at 65

$110,508

if you never add another dollar.

monthly to hit fi by retirement

$1,140

steady saving, starting from what you have.

03 — getting to coast

age i want to hit coast by

$2,220/month

then you can stop adding.

if i invest this a month$

coast at 53

that's when your balance catches the target.

04 — the picture

━ your coast target━ your investments (+$1,500/mo)

what this doesn't know

it assumes steady returns. real markets are not steady.
"coast" means stop adding, not stop working. the bills still need paying.
rental equity is assumed to grow like investments and doesn't account for selling costs or taxes.
your money has to stay invested and untouched until retirement for any of this to work.

more of this, in your feed.

follow @sunshineandcents for more of this

general education, not personalized financial, tax, or legal advice. figures in today's dollars. CPP and OAS amounts change yearly — confirm yours on My Service Canada.