FI/RE - Financial Independence / Retire Early, Share your experience
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 Jul 16 2018, 09:22 PM
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#1
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Junior Member
194 posts Joined: Mar 2016 
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Looking forward for FIRE during my forties. Currently will be there in 20 yrs. But i could achieve it earlier if i increase my income over the years. I have maybe about 80% savings now of my income.
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Aug 21 2019, 02:38 PM
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#2
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Junior Member
194 posts Joined: Mar 2016
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QUOTE(Jordy @ Aug 20 2019, 03:47 PM) Do sure to open a SSPN-i account as early as possible to take advantage of the income tax deduction and also maximise the compounding effect the earlier you start. When withdraw later we don't have to declare right?Do not have to worry as you may withdraw the cash at any time should you later decide that your son is not interested to further his studies or are interested to start a business instead. The money saved could be used to fund his business start up. SPY is the acronym for SPDR S&P 500 ETF, one of the best performing S&P 500 index fund there is listed in the US.  What if we don't have any children now? |
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