Coast FIRE with $900k by 40 in Colorado | Suzy May

📘 Ready to reclaim your time and live life on your terms? Order my book Own Your Time: 10 Financial Steps to Put Your Family First and Escape the Corporate Grind → https://marriagekidsandmoney.com/book Reaching Coast FIRE means your investments can grow to fund your retirement without adding another dollar. In this conversation, we sit down with Suzy May, a certified financial educator who reached Coast FIRE with $900,000 invested by age 40 while living in Colorado. Suzy and her husband Mark built their wealth through consistent investing, intentional spending, and a focus on designing a life around family, travel, and flexibility. We discuss: 💰 How Suzy and her husband reached Coast FIRE with $900,000 invested 📈 Growing that portfolio to a projected $3 million by age 60 💵 Creating an estimated $120,000 annual retirement income 👨‍👩‍👧 Balancing a $150,000 household spending level while raising kids 🌍 Using Coast FIRE to travel the world and live abroad with their family If you want to build wealth while also designing a life full of experiences, flexibility, and family time, Suzy’s Coast FIRE journey is an inspiring example. ⏱️ CHAPTERS 0:00 What is Coast FIRE? 0:10 Meet Suzy May 0:41 Coast FIRE numbers: $900k by 40 1:52 Projected $3M retirement plan 2:02 $120k retirement income explained 2:17 Current lifestyle and $150k spending 2:59 How Suzy got started investing 4:29 Frugality and early money habits 5:24 Motherhood and desire for time freedom 6:24 Navigating money as a couple 8:11 Discovering Coast FIRE and mindset shifts 9:20 Burnout and cutting back on work 10:31 Designing a life around travel and family 12:09 Breaking down their $900k portfolio 13:32 Investment mix: taxable, Roth, and 401k 15:11 Pension, Social Security, and security mindset 17:32 Income history and career paths 19:18 Household income over time 19:51 Transitioning to part-time work 21:06 Managing expenses with kids 22:08 Spending intentionally on what matters 23:05 Travel, education, and family priorities 24:33 Tracking expenses and financial awareness 26:24 Tools for budgeting and tracking 26:52 Teaching kids about money and investing 29:35 Building generational wealth 30:01 Advice for reaching Coast FIRE 31:29 Where to follow Suzy RESOURCES & LINKS 🌍 Learn more about Suzy and her work: https://suzymaywander.com 🎧 Listen to Suzy’s podcast, Wander World School: https://suzymaywander.com 📊 Calculate your own Coast FIRE number → https://marriagekidsandmoney.com/calculators/coast-fire/ 📘 Learn how to design a life around time and family Own Your Time → https://marriagekidsandmoney.com/book _____ MARRIAGE KIDS AND MONEY: This award-winning YouTube channel is 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 work optional parents to inspire you to do the same. BIO - ANDY HILL: Andy Hill, AFC® 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 Order My Book "Own Your Time": https://marriagekidsandmoney.com/book Follow On Instagram: http://instagram.com/marriagekidsandmoney Read our Blog: https://marriagekidsandmoney.com Listen to our Podcast: https://marriagekidsandmoney.com/podcast-archive/ Subscribe to my YouTube channel today to strengthen your family tree and live financially free! HOW WE MAKE MONEY & 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, AFC® Video Editing: Hinz Video Thumbnail: Ardi, The Thumbnail Wiz Channel Management: Michelle Ahmed