Coast FIRE
Coast FIRE is the level of current assets that — even with zero new contributions — will grow to your retirement target by the time you retire, assuming a steady investment return. You still need income to cover living expenses until retirement, but the retirement savings job is done.
Formula: Coast FIRE number = retirement target ÷ (1 + expected return)^years until retirement.
Related: FIRE variants explained — Lean, Fat, Barista, Coast FIRE differences.