Insights in my plan
Headed over here from FIRE as per advice.
So my situation. I’m 47, earn 95k and want to coast FIRE from age 55 latest.
Current pension is 150k and over next 8 years I’ll add another 150k matched by employer so total invested by 55 is 450k (not including any growth)…. I’ve done rough maths that this might have grown to around 600k by 55???
Other savings, currently have 78k and I add £750 a month so after 8 years will have 150k (again without any growth added)
At 55 I want to step down to a job paying 25-30k, possible minimal additional pension contributions. At 65 (or hopefully earlier) I want to fully retire with an equivalent income of 30k Pa
Am I on track, what can I do to help expedite, what am I missing that will derail me?