Coast FIRE Mistakes That Could Ruin Your Plan (w/ Bo Hanson from The Money Guy Show)

Coast FIRE can be an incredible milestone, but what happens when the math, lifestyle, or motivation behind it starts to fall apart? In this episode, we talk with Bo Hanson, co-host of The Money Guy Show and partner/co-founder of Abound Wealth Management, about where Coast FIRE can go wrong and how families can avoid common mistakes. Bo shares why conservative assumptions matter, how lifestyle inflation can change your Coast FIRE numbers, and why it’s important to know what you’re actually moving toward before you take your foot off the gas. We also discuss marriage, kids, tax diversification, burnout, and how to build a financial plan that supports a fulfilling life today and tomorrow. RESOURCES The Money Guy Show – Free financial resources, calculators, and educational content from Bo Hanson and the Money Guy team. Marriage Kids and Money – Connect with Andy Hill and explore family finance resources. 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. Information shared on this podcast 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 Podcast Artwork: Liz Theresa Editor: Johnny Sohl Podcast Support: Michelle Ahmed Learn more about your ad choices. Visit megaphone.fm/adchoices