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

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speedfamgirl
post May 6 2019, 03:39 AM

Not afraid of #138
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Senior Member
1,900 posts

Joined: Apr 2007
From: Mental Asylum
Hi all,
I've been reading this thread from front to back & wow now i feel a bit intimidated.. Perhaps unsure if i will managed to pull this sooner. Worst come to worst im going to quit my job by 40 or get fired, whichever comes first.

I have been toying with this idea for the past 5 years after experiencing some unfortunate things in my job that makes everything seems so bleak now...

Since last 2 years ive been diligently investing about 65% of take home pay & looking forward to max my asb 2 capital by end of 2020. asb1 has been full a few years back, now piling all the dividends. My risk appetite in investing is very conservative, no extra props except current house which im staying. Besides i prefer liquid cash. Monthly fixed expenses incl mortgage, phone/internet bills & insurance about 2300 currently.

The asx dividends barely breakeven now for my expenses, just hoping asx will continue to give total 12% combined if i want to have the 'dont give a fck' mindset & do bare minimum at work.

Alas, if i dont care about all the things i would quit long time ago! But keep telling myself this is the best job i can get atm, and i cant be bothered to work under people again. I rather use my own time to make something more meaningful to myself, volunteering at animal shelter/thrift stores & upcycling waste.
Please share some motivation so that i dont do anything stupid in the meantime. Thank you.
speedfamgirl
post May 28 2020, 09:11 AM

Not afraid of #138
******
Senior Member
1,900 posts

Joined: Apr 2007
From: Mental Asylum
OK, here goes nothing...my answer in bold
QUOTE(mmweric @ May 27 2020, 02:15 PM)
It would be really nice to know how us Malaysian financial goals change by age and life stage.  It would be really nice and appreciated if you participate. I will summarize the data every time 10 people participate

Question a.  Gender
1.  Male
2.  Female

Question b.  What are your financial goals
1.  Buy a car
2.  Budget for a wedding
3.  Buy a house
4.  Plan and budget for retirement
5.  Plan and budget for child expenses
6.  Plan and budget for a child's further education
7.  Plan and budget to start a business
8.  FIRE by 40 - that depends if i eventually have the guts to quit/retire by 40, but initial number of FI must be achieved ASAP. Because once i have the FU money, i couldn't care less if i lose my job at all. While most of the replies in here aimed for FatFIRE, im more of coastFIRE/borderline LeanFIRE mode. The reason im still working now is for society's sake (paying taxes as khidmat masyarakat).

Question c. What is your age group
1.  Below 25
2.  25-30
2.  36-40
3.  41-45
4.  46-50
5.  Above 50

Question d. Life stage
1.  Single
2.  Married without kids and don't plan to have kids
3.  Married with kids

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