u/Lucky_Complaint_4597

Hello friends

We’ve come to a near end of fitting out our garage with a gym. Mixed training styles between powerlifting, HIIT and general hypertrophy.

Seeking advice, tips, things you’ve added to a similar canvas that has worked well?

Next purchases will be a weight tree for the plates, a mirror for behind the squat rack and some sort of cable pulley system, although playing with a small ceiling height of approx 220cm. Has anyone found success with a smaller cable machine that they would recommend?

Hello friends,

With the orange buffoon being a bit quieter than usual (for now), I’ve reached a huge milestone of £100k pension, at 29, and like many on here don’t really have many people to share it with.

With the thanks of this community and several YouTubers I started to take FIRE seriously in 2023. I have grown a particular liking to the theory of Coast Fi.

The aim of my post is the share my milestone and hopefully inspire others on a similar journey, as has all of your milestone posts to me.

The version of Coast Fi I am working towards is:

1. Front load Pension until I have reached a balance that will coast to £1m balance (in today’s money) at my access age (likely 58-61). I will continue to contribute heavily to pension until I achieve this. (1.5-2.5k per month).
2. Once the pension is front loaded, switch focus to minimum pension contributions for maximum employer contribution. Then divert my focus to maxing stocks and shares isa contributions per annum. Balance currently £66k currently contributing £500 pcm. I would likely re evaluate this should my salary go past £100k.

Few important bits that often get questioned:
I’m lucky enough to have a salary ranging from 75k-85k for the time period shown. I have a rough estimate annual spent goal in retirement of £5k in today’s money. I do not include state pension in my plan. I use 6% annual returns (inflation adjusted) with my calcs as I am optimistic about future returns given how accessible investing has become to the masses with modern technology, I think this is fair for now but can adjust later if needed. I also am looking at 4% withdrawal rates for the time being. I own my house with a value of £435k and outstanding mortgage of £360k.

Any feedback/advice welcomed. Happy investing and enjoy the sunny bank holiday!!