U guys sure want to retire early....

I'm just 1 month into semi retirement month and I got bloody culture shock by being dumbfounded on nothing to do....I worried if this prolongs I may lose my mind...gotta fast find a hobby

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HM yeah will consider that. But will start with gaming. I already order Nintendo switch...kinda a geek, not really an extrovert traveller....

I still work. But in a capacity as the GM of the company. But so far I seen my manager and underlings quite capable...they can handle 95% of day to day operation without needing my help....

So I clock in and out as I like....sometimes I don't event go to work....any issues the manager would just msg or give me a call....

So I have a lot of free time....

But I don't want u guys to misunderstood as if I have saved millions to retire upon....

This post has been edited by max_cavalera: Aug 27 2019, 09:06 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....

Just to add:

If you live well below ur means, doesnt matter how much you earn you are on a right track for ur long term FIRE target.

Doesnt matter even if u earn below 5k or below 10k. I experience myself and i seen others...yeah we talk about being FIRE but most of us cant resist the tempting thought of that hot ‘bmws, mercs, audis or ducatis’ everytime we just started to gain more and accumulate more.

Better ask urself if ur burning feelings is more towards those expensive stuff everytime u make more... u can never be trully FIRE.

But pls dont misunderstood me that i cant drive, own expensive stuffs. When u are on certain income level and those expensive stuff mthly commitment is just less than 20% nett mthly income then no probs.

This post has been edited by max_cavalera: Nov 20 2019, 09:20 PM

Hmm. How do you guys feel your time during weekdays ya?

I feel lonely and bored sometimes :/

Gaming is fun but i still get bored overtime...

Heheh. U golf bro? Damn thats boomer hobbies.

Or what other hobbies u do to fill ur time when everyone else working on weekday office hours?

Can. But u need tons of money to purely living on dividends.... i understand FIRE ppl say 3-5% per annum frm ur total capital....unless ur a specialist practitioning doc like hksgmy.....

Most ppl achieve FIRE early thru their semi active/automated biz income supported by passive and semi passive income....dont forget to allocate some money for speculative investment too like bursa(gloves counter right now) or crypto market....

I also frm time to time looking for minor reno/repair/construction project but outsource those to my known and trsuted associate. Just take a bit of referral comm like 5-10%. Its unreliable source of income compare to my stable biz income but i treat it as a bonus when i rake it in on some months...