What is Slow FI?

Slow FI is a philosophy akin to concepts like slow living or slow food, emphasizing a more intentional, relaxed pace on the journey to Financial Independence (FI). The idea is to design your life in a way that suits you while progressively reaching your financial goals. This approach allows you to enjoy various stages of financial freedom, such as debt freedom, which can enable taking more enjoyable but less lucrative jobs, quitting unfavorable side hustles, or pursuing sabbaticals and mini-retirements. Another aspect, known as Coast FI, involves saving enough for a traditional retirement and letting it grow untouched until retirement age, making your current financial burden lighter than expected 1 2.