Sep 1 2019, 08:19 PM
QUOTE(kingz113 @ Aug 19 2019, 01:22 AM)
Thirdly he lost his mental sharpness as a result of the above. he was very successful when he was young and had accumulated alot of assets.
QUOTE(max_cavalera @ Aug 28 2019, 11:03 PM)
Honestly don’t say as early retirement....say semi retirement....
For someone still below 50-60 years old..able body and mind.....trust me you will be damn bored on nothing to do....
Today I was wandering around with no aim and waste my time in cyber cafes....
Also Early Financial Independence is depend on your personal life expectation....I used to have a share partner and also part of the BOD...ex GM of very big public listed company...very gangster notorious style...used to earn rm25-35k a month....but at 60 once contract ended he say still have to work and find project...can’t afford to really retire....
Bcoz he have a very big appetite for luxury....he got like half to a dozen of those expensive Harley’s, BMW’s, etc big2 bikes...he drive an expensive cars ....I can feel even if he’s earning 20-30k a month still won’t be enough due to his kind of lifestyle....also a lot of expensive property that monthly still need to top up as the rental can’t cover the monthly cost.... but he resign and sold his shares already due to some fight with other BOD....
If u lead a simple life and don’t overcommit u can go semi - retirement/FI much earlier.
I’ll try to limit having only 1 child for now....
rm30k p.m. wont be enough to covered that kind of lifestyle. even rm100K also , well, I doubt itFor someone still below 50-60 years old..able body and mind.....trust me you will be damn bored on nothing to do....
Today I was wandering around with no aim and waste my time in cyber cafes....
Also Early Financial Independence is depend on your personal life expectation....I used to have a share partner and also part of the BOD...ex GM of very big public listed company...very gangster notorious style...used to earn rm25-35k a month....but at 60 once contract ended he say still have to work and find project...can’t afford to really retire....
Bcoz he have a very big appetite for luxury....he got like half to a dozen of those expensive Harley’s, BMW’s, etc big2 bikes...he drive an expensive cars ....I can feel even if he’s earning 20-30k a month still won’t be enough due to his kind of lifestyle....also a lot of expensive property that monthly still need to top up as the rental can’t cover the monthly cost.... but he resign and sold his shares already due to some fight with other BOD....
If u lead a simple life and don’t overcommit u can go semi - retirement/FI much earlier.
I’ll try to limit having only 1 child for now....
once u have penchant for luxury stuff, it is hard to get back to the life that you used to live.
This post has been edited by JimbeamofNRT: Sep 1 2019, 08:29 PM
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