In some of my earlier articles, I have introduced the concept of financial independence, financial security and retirement.

You can read about them here:

1. The 11 stages of wealth we go through as we work up the wealth ladder. You should be somewhere in there
2. Here is how you calculate how much you need to accumulate for financial security, financial independence or retirement
3. The math for financial independence for a couple earning $5,000 each
4. The math behind being financially independent at 40
5. All my various notes on retirement, withdrawal of money techniques, pitfalls

There are 2 financial independence terms that is bandied around a lot by millennials which is slowly taking gaining more mind share.

These are “coasting” to financial independence (or FI for short) and barista FI.

And I believe this is a style of financial independence that is more comforting and sustainable.

In this article, we discuss:

1. What ...