Sifu Icemanfx, you still an Economics undergrad, or, already working n swimming with investment?

I mean it respectfully, as I m trying to understand as forumers are of diff demographics, risk aversion, etc.

People like myself, no hope liao. Thankful to be healthy, working, etc... But nothing much to look forward to financially.

But, the things u all describe is like moon n stars leh. Malaysia OK place to stay mah. Why forumers complain? My uncle last week go KL GH, got this abdominal artery anuresym... We cannot afford mah, reference letter, n only KL can do Ops n hospital stay rm211.

I think if in Singapore, my uncle already cover white cloth liao.

Yes, it is. If you can retire... some would have to work till they dropped dead as like the news of the 63yr old bus driver in Penang.

Anyway, the thread is on retiring early, meaning retiring much earlier than the mandatory retirement age of 60. The last few pages were more on seeking wealth and asking for stock tips. LOL.

Agree. Wife and I have no children - one less variable to consider.

Yes. Kids can cause parents to delay retirement significantly , both in terms of ongoing educational expenses and also to earn as much as possible to pass on to kids. Not likely to retire if income is high in that case.

LOL...M40..."150k is enough as they never spent more than this amount, as they never earn more than this amount every year"

But what if I earn more than 700K per annum but think that RM150K per annum is enough because I don't spend that much without my loans and dependants?

FIRE is not for everyone as suffering for like 20 years to retire earlier might not be for everyone.  The principles are great, but it should be everyone personal decision on the balance they want to achieve.