Actually FIRE can be beneficial to the country. People who have more time can be more healthy. No stress (one of the main cause of many health problems), good sleep (again another main cause), able to exercise more (exercise help to reduce a lot of health problem) hence reducing the impact on public health care.

But that is it. Cause if people take the money and spend it elsewhere, the country cannot make money off FIRE people. If they spend it in this country then yeah it's good.

Anyway for 1 person who can FIRE, I think there are 9 people who cannot.

For me I know I am going to do gardening and hope can be self sustaining so no need to buy veges from market or hypermarket and have ready to eat organic veges.

yes this kind of reply is what i am looking forward to. :thumbsup:

it shows the brain is thinking, pro- brain at work 

unlike those  one liner unthiking scychopantic gibberish
who only  knows  click like here and there
without  reading or understanding what he liked..  
even  clicked  few likes on reprimanding his friend 
or worse those angry vengenful incoherent smears

ok what about the next 2 points i raised

1. Would your wealth  be smaller you have less money to spend
if  you retire at 40 compared  to if you retire normal at say 55 or 60?

2. do you agree those retire early are  economically self defeating
cutting short their prime earning periods, the money spinning times

ppl who want to share usually scammer...
main income is from selling classes...

looks like main income not trading.
but trading related services & content..

i want to believe there's some sifooo can coach to become rich also.
paid for it also in the past but still got hooked into this kind of offer...
so just sharing, so that our lyn members can avoid paying crazy to them..

That guy is shark. 😡
The only thing good that I learnt from him are
1. Buy quality stocks
2. Buy the f*****g dip (stuff I have already been doing)

I like that he is showing that he can beat the S&P500 over long time just by buying quality stocks and hodl shows that it can be done.

why no choice i am curious...

people have jumped one company to another
going higher level each jump.

During the process of getting to the goal of being FIRE, please remember to includes planning to have some healthy diet, exercises ( may helps to feel good), routine healthcheck up ( may helps to detect some health issues), spend quality time with family & friends, take some time to smell the flowers and appreciate natures during the journey to FIRE.

Else, may not reach the goal or unable to enjoy much or no genuine friends or family members to enjoy it with even after having reached FIRE.

I would just go the moderation and diversification route and just leave the rest to GOD.

Very important. But optional. I know FIRE couple online which husband decided not to work while wife continue working. Also before marriage must laid out plans.

Simetimes might go separate ways, bro… especially when age caught up, and diff interests sprang-up.

What about your kid?

Bros…. One of the secrets of life is to be able to find interesting yhings to do WITHOUT depending on presence of others…. How to keep ourselves busy & engsged… my way is by investing.

Human Aspirations chg as they grow older… talk things out with your spouse(s)….. come to an agmt….

0.75% per year at retirement?

Thats way too much underspending.

You have to exclude your EPF until you can access it. Once you can access it then the calculation changes.

For me I have never use EPF in my calculations. Totally omit it. That way anything EPF pays is a bonus. Make it harder, more challenging and build in extra buffer because as mentioned
1. I am super conservative in my calculations
2. Being super conservative allow me to build a bigger buffer safety of margin.
3. always better to have more.
4. make my life easier but having less headache. Less calculations, less variable as possible.

Also I don't invest in EPF beyond what is the amount needed for income tax relief (RM3k for life insurance p.a)

The 7% is actually gotten from one of the response of the ROI of 7%. My spending could be very low assuming there is no installment for cars and houses. I think in one of the thread within 3-4K is sufficient, but myself is targeting to at least be able to live off min 100K annual passive income or stretch goal of 200K passive income (most probably from EPF). So in this case my SWR is based on 4*12 or 100K or 200K value over my liquid asset?

Cause property take months to liquidate.

Which banks allow this for retiree without active income?
PBB doesnt allow.