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 FI/RE - Financial Independence / Retire Early, Share your experience

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rivetindigo
post Apr 11 2019, 09:35 AM

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Hello,

Im 39 and considered pre-retired oredi. Life in retiremnet is BORING i tell u; ur friends and wife are working, not much things to do, just browse in LYN see what topic interest me πŸ˜‚πŸ˜‚πŸ˜‚
SUSBora Prisoner
post Apr 11 2019, 10:13 AM

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QUOTE(IHC2012 @ Apr 11 2019, 09:25 AM)
Can you give me a guideline / pic , how much roughly should I have as consider FIRE? At least we have a goal . Most of the frens are β€œlive in the moment” they wore nice clothes , nice cars , eat well , vacations . But for me I do not really need that . That why I come to here learn . As a married with 2 kids , what should we plan for our family in the future . Start saving as much as possible (any ideas of force saving 50% from income )? Our family income per month around 7k. We bought a newly condo  , target 2021 wil get the key.
*
here's the thing, there is no fixed number, everyone will have a different number.

the one thing people dont realise about FIRE, is that the lower your income, the lower the number for you to achieve FIRE. Your lifestyle decides it.


IHC2012
post Apr 11 2019, 10:26 AM

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QUOTE(Bora Prisoner @ Apr 11 2019, 10:13 AM)
here's the thing, there is no fixed number, everyone will have a different number.

the one thing people dont realise about FIRE, is that the lower your income, the lower the number for you to achieve FIRE. Your lifestyle decides it.
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πŸ‘Œthanks for ur info . I will plan my lifestyle and start ASAP .wink.gif
Jordy
post Apr 11 2019, 10:31 AM

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QUOTE(aspartame @ Apr 11 2019, 09:29 AM)
What do you want? Ha ha....

This contribution from both spouses or only one spouse depends on so many factors ... whether both working, whose income higher etc. It can be a thorny issue and requires understanding from both spouses...

Not an easy issue to deal with... ideally, both should take care of their own expenses with some bigger items paid by the one earning more... like you say, both must have mentality that they are in it 100% for the family.. if calculative type... sure got friction
*
Don't think naughty ya, all I want is the reciprocal love and loyalty doh.gif

I usually do not let my other half pay for anything. I am the man of the family which means whatever we do, we do it together and I will pay.
For our travel trips, I will also pay unless my other half has a little extra cash and is insisting, then I would give in.

QUOTE(rivetindigo @ Apr 11 2019, 09:35 AM)
Hello,

Im 39 and considered pre-retired oredi. Life in retiremnet is BORING i tell u; ur friends and wife are working, not much things to do, just browse in LYN see what topic interest me πŸ˜‚πŸ˜‚πŸ˜‚
*
Again, why do you need to live such a boring retirement life? Retirement is supposed to be enjoyed without any worry.
Go travel with friends every 3-4 months, do some small-scale business that isn't time consuming to keep your brain moving (remember to do not for the money), write blogs of your post-retirement and give advice to readers how you achieve it and what you are getting out of retirement, play some sports or go hiking once every fortnight with friends, go out and meet like-minded community who may need some encouragement from you, and the most important one is to go explore for good eats (if you are into food).
There are so many things I would love to spend my time on when I am retired that I can't even wait to be retired.
rivetindigo
post Apr 11 2019, 10:58 AM

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QUOTE(Jordy @ Apr 11 2019, 10:31 AM)
Don't think naughty ya, all I want is the reciprocal love and loyalty doh.gif

I usually do not let my other half pay for anything. I am the man of the family which means whatever we do, we do it together and I will pay.
For our travel trips, I will also pay unless my other half has a little extra cash and is insisting, then I would give in.
Again, why do you need to live such a boring retirement life? Retirement is supposed to be enjoyed without any worry.
Go travel with friends every 3-4 months, do some small-scale business that isn't time consuming to keep your brain moving (remember to do not for the money), write blogs of your post-retirement and give advice to readers how you achieve it and what you are getting out of retirement, play some sports or go hiking once every fortnight with friends, go out and meet like-minded community who may need some encouragement from you, and the most important one is to go explore for good eats (if you are into food).
There are so many things I would love to spend my time on when I am retired that I can't even wait to be retired.
*
Yes, i travel alot with my wife eventho she is currently working. I do have business but it doesnt consume much of my time (very very less). I have a farm which i plant durian trees, but its taken care by my worker, i come once in a while if i feel like it or if i need some exercise. At my age, most of my friends are busy working. Writing regarding my retirement...i have an ig and fb but not much in it.

Hey...at least i have u guys in this forum that i can chat with ya... πŸ˜€

This morning feels like going watch a movie, any recommendation?

woonsc
post Apr 11 2019, 11:48 AM

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QUOTE(rivetindigo @ Apr 11 2019, 10:58 AM)
Yes, i travel alot with my wife eventho she is currently working. I do have business but it doesnt consume much of my time (very very less). I have a farm which i plant durian trees, but its taken care by my worker, i come once in a while if i feel like it or if i need some exercise. At my age, most of my friends are busy working. Writing regarding my retirement...i have an ig and fb but not much in it.

Hey...at least i have u guys in this forum that i can chat with ya... πŸ˜€

This morning feels like going watch a movie, any recommendation?
*
Congrats on yr retirement! Shzamm
Jordy
post Apr 11 2019, 12:07 PM

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QUOTE(rivetindigo @ Apr 11 2019, 10:58 AM)
Yes, i travel alot with my wife eventho she is currently working. I do have business but it doesnt consume much of my time (very very less). I have a farm which i plant durian trees, but its taken care by my worker, i come once in a while if i feel like it or if i need some exercise. At my age, most of my friends are busy working. Writing regarding my retirement...i have an ig and fb but not much in it.

Hey...at least i have u guys in this forum that i can chat with ya... πŸ˜€

This morning feels like going watch a movie, any recommendation?
*
Then I do not understand why would you say that retirement life is boring? This is the best time for you to really relax after going through the rough seas and enjoy the other part of your life with your precious family.
Nothing beats the time to be together with your family. When they are gone, they are gone. No amount of money earned in your lifetime can every replace that.
Get your wife to stop working if possible and then do more activities together, bring your parents on a trip and spend time with them.
SUSBora Prisoner
post Apr 11 2019, 12:08 PM

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QUOTE(rivetindigo @ Apr 11 2019, 10:58 AM)
Yes, i travel alot with my wife eventho she is currently working. I do have business but it doesnt consume much of my time (very very less). I have a farm which i plant durian trees, but its taken care by my worker, i come once in a while if i feel like it or if i need some exercise. At my age, most of my friends are busy working. Writing regarding my retirement...i have an ig and fb but not much in it.

Hey...at least i have u guys in this forum that i can chat with ya... πŸ˜€

This morning feels like going watch a movie, any recommendation?
*
I'm wondering why is your wife still working? Dont you have enough to cover household expenses, or she just feels like working?

rivetindigo
post Apr 11 2019, 12:33 PM

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QUOTE(Bora Prisoner @ Apr 11 2019, 12:08 PM)
I'm wondering why is your wife still working? Dont you have enough to cover household expenses, or she just feels like working?
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Expenses are well covered. She is working becoz she wants to, btw her position pays really good. Plus our combined income can accomodate our travel; and i dont mind a little bit of lavish ya.. πŸ˜‰. Yes we also do spend on travel for both our parents yearly.

I am relax and enjoying every little bit of my life...πŸ˜€

What i mean by boring is u are doing it own your own because your friends are still working.

Now at klcc gonna watch hellboy! Shazam starts later, maybe next time...

This post has been edited by rivetindigo: Apr 11 2019, 12:35 PM
[Ancient]-XinG-
post Apr 11 2019, 12:37 PM

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QUOTE(rivetindigo @ Apr 11 2019, 12:33 PM)
Expenses are well covered. She is working becoz she wants to, btw her position pays really good. Plus our combined income can accomodate our travel; and i dont mind a little bit of lavish ya.. πŸ˜‰. Yes we also do spend on travel for both our parents yearly.

I am relax and enjoying every little bit of my life...πŸ˜€

What i mean by boring is u are doing it own your own because your friends are still working.

Now at klcc gonna watch hellboy! Shazam starts later, maybe next time...
*
Your life is my dream.

Again proven the old time big4 job is just plain bullshit.
SUSBora Prisoner
post Apr 11 2019, 12:38 PM

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QUOTE(rivetindigo @ Apr 11 2019, 12:33 PM)
Expenses are well covered. She is working becoz she wants to, btw her position pays really good. Plus our combined income can accomodate our travel; and i dont mind a little bit of lavish ya.. πŸ˜‰. Yes we also do spend on travel for both our parents yearly.

I am relax and enjoying every little bit of my life...πŸ˜€

What i mean by boring is u are doing it own your own because your friends are still working.

Now at klcc gonna watch hellboy! Shazam starts later, maybe next time...
*
ah ok, so you have enough for expenses but not for luxury stuff like travel. OK.


Jordy
post Apr 11 2019, 12:39 PM

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QUOTE(rivetindigo @ Apr 11 2019, 12:33 PM)
Expenses are well covered. She is working becoz she wants to, btw her position pays really good. Plus our combined income can accomodate our travel; and i dont mind a little bit of lavish ya.. πŸ˜‰. Yes we also do spend on travel for both our parents yearly.

I am relax and enjoying every little bit of my life...πŸ˜€

What i mean by boring is u are doing it own your own because your friends are still working.

Now at klcc gonna watch hellboy! Shazam starts later, maybe next time...
*
Get your wife to go into retirement with you then you won't have to do it alone. It is always good to have a like-minded partner who shares the similar interest.
That is why I am recommending you to go join the FIRE community/group and enjoy the FIRE life together. You can always expand your networks.
rivetindigo
post Apr 11 2019, 12:41 PM

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QUOTE(Bora Prisoner @ Apr 11 2019, 12:38 PM)
ah ok, so you have enough for expenses but not for luxury stuff like travel. OK.
*
It is possible...if i want to πŸ˜‰

Just bought a rolex for my mother πŸ˜€

SUSBora Prisoner
post Apr 11 2019, 12:42 PM

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QUOTE(rivetindigo @ Apr 11 2019, 12:41 PM)
It is possible...if i want to πŸ˜‰

Just bought a rolex for my mother πŸ˜€
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you're very contradicting.

se800i
post Apr 11 2019, 01:36 PM

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QUOTE(rivetindigo @ Apr 11 2019, 01:33 PM)
Expenses are well covered. She is working becoz she wants to, btw her position pays really good. Plus our combined income can accomodate our travel; and i dont mind a little bit of lavish ya.. πŸ˜‰. Yes we also do spend on travel for both our parents yearly.

I am relax and enjoying every little bit of my life...πŸ˜€

What i mean by boring is u are doing it own your own because your friends are still working.

Now at klcc gonna watch hellboy! Shazam starts later, maybe next time...
*
I am at KLCC too... come lets meet up
foolc
post Apr 11 2019, 01:58 PM

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QUOTE(rivetindigo @ Apr 11 2019, 12:33 PM)
Expenses are well covered. She is working becoz she wants to, btw her position pays really good. Plus our combined income can accomodate our travel; and i dont mind a little bit of lavish ya.. πŸ˜‰. Yes we also do spend on travel for both our parents yearly.

I am relax and enjoying every little bit of my life...πŸ˜€

What i mean by boring is u are doing it own your own because your friends are still working.

Now at klcc gonna watch hellboy! Shazam starts later, maybe next time...
*
you sound like my ex boss? r you formerly from rolls royce?

he fired and wife still working and earning well.....

see him also so boring.... after lunch he sleeps in the afternoon for 2-3 hours to spend time



rivetindigo
post Apr 11 2019, 03:58 PM

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QUOTE(foolc @ Apr 11 2019, 01:58 PM)
you sound like my ex boss? r you formerly from rolls royce?

he fired and wife still working and earning well.....

see him also so boring.... after lunch he sleeps in the afternoon for 2-3 hours to spend time
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I wish i worked in a prestige company like urs πŸ˜€

Yes!, afternoon nap is a must.
cherries
post Apr 13 2019, 06:40 PM

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QUOTE(rivetindigo @ Apr 11 2019, 09:35 AM)
Hello,

Im 39 and considered pre-retired oredi. Life in retiremnet is BORING i tell u; ur friends and wife are working, not much things to do, just browse in LYN see what topic interest me πŸ˜‚πŸ˜‚πŸ˜‚
*
Wow, so young already retired. Just wonder how much passive income can make u retired?
SUSyklooi
post Apr 13 2019, 07:17 PM

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QUOTE(cherries @ Apr 13 2019, 06:40 PM)
Wow, so young already retired. Just wonder how much passive income can make u retired?
*
while waiting for his responses,.....
I had a different view on your question.....my would be...
"Wow, so young already retired. Just wonder how much minimum passive income can make u retired?
Kcee
post Apr 13 2019, 08:05 PM

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Perhaps with a durian plantation in hand, it's much more easier to retire?

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