Yes I will make sure my family lives B40. This is to let them know the value of money so that they will appreciate the money when they are grown up.

Like captain America movie quote
https://www.reddit.com/media?url=https%3A%2...73b5be9892f78e2

Perhaps the toys they played, the places they visited or the things that they invested in, etc etc are difference in value

Again
The things is, ...while you can make sure they value of money so that they will appreciate the money when they are grown up..

Will you or any of them (your spouse and now your childrens) having appreciate the money when they are grown up, regrets it like Suzuki san did
He mentioned.

“But time cannot be turned back. What is the meaning of life with only money left?” he said.

This post has been edited by MUM: Sep 29 2025, 12:18 PM

That is why use money to buy back time. Take them to parks, play in the kitchen with them. Play dogs with them. Do farming with them. Be there when they need you. You don't need overseas holiday, fancy toys or gadget or fancy food. Children just want to play, have fun and be loved. Provide them that.

This is something I picked up from Mr tako escape. He make sure his kids got good time even if it's simple picnic, playing in the dirt. Simple no money needed lifestyle.

Etf form

My shares, funds, bonds etc are all in one platform.

This post has been edited by Cubalagi: Sep 29 2025, 12:24 PM

In that story, Suzuki san, also had good time doing picnic too

Retiring early is great only .....if you don't retire from actually living first.

You don't. But it should not stop you from giving or cherish your loved one with better livelihood. To me I don't see myself working and saving so hard just to see my networth zeroes growing. I want my family members to have better livelihood. So occasionally we will still go for overseas holiday, in fact, I even bring my newborn oversea holiday just for the sake of experience - and you won't even believe how excited and joyful he look throughout the holiday.

To me, at least to me, I plan for Plan B, C, D if anything goes wrong, but I will still try to reward my family with better livelihood. True I want to FIRE, but I'll be very selfish if I skimp all these just for the sake of my own FIRE goal. Your money won't be able to buy back time, like how you will be able to have family travel experience as long as they are still around (and I mean with own parents), but once times up, the balance in your IBKR account will just be viewing pleasure.

a friend gg yesterday age 61...

while we look at stats and hope to live till 90... its a stark reminder that life is unpredictable

imho... fire if you have accumulated enough and paid your dues... gov can print more money but you cannot buy extra life...

Yes should always thrive to give better livelihood to family. But should not make kids become rich brat. You do know kids are unable to remember anything unless they are grown up quite a bit?

There are always two contrasting outcome of similar upbringing. Depends on the kids own mind and social influence.
One is the obvious rich brat outcome.
Another is the kid is used to have everything. More willing to share. Less calculative. Less greedy.
I've seen both outcome many times. Even same family, children 2 years old apart with contrast outcome.
And most of the time big influence is from the Spouse. Any good/bad upbringing from parents of 30 years can shift in 5 years by Spouse.

Moderation and balance are important

Lets say u achieve FATFIRE by 40yo, n your children just starting primary education, would u still live B40? Assuming by then u r still actively investing n profiting.

Yeah why not. I would give them the experience and spend as much time as possible with them. I am not going to let them be entitled rich brats.

I believed hard times create strong men. Everyone who been rich and not given inheritance work their butt off and then they appreciate that money doesn't come easy.

let them live a 20K rm pm T05 lifestyle can? (since median T10 number is around 20K rm).... haha...

Yes, they will not, but you will have the experience and able to feel their joy at that age. You can however still have this memories stored as video compilation and photo album and showed them once they are older. They will not always age 0. I'm not making him becoming a rich brat, I cannot even afford to do so even if I wanted to, but preparing his education + education fund and exposure is the least a parent can do (if we are able to afford).


Another real example from someone I know (extreme frugal) - someone I know more interested in how much zeroes he have in his account for so long (as long as we have been working), until now that he has more zeroes and can afford to bring his parents elsewhere holiday but no longer feasible, since his mother already dementia after broken her leg during one of bad fall not too long ago. So finally he still can keep his money, but to what extend has he improve the livelihood of his family? They are still staying in his father's old house.

So they will be attending gov school for free education, local vacation rather than overseas?

No more gov school. No more useless one sided history, lousy teachers, won't give my kids what I went though. Not to mentioned Hari solidarity with xyz. Because of govt school I had to go for after class tuition as the school teachers were hopeless. Couldn't even answer anything. Had I depended on govt school teachers I wouldn't have gotten good grades. The school teacher had to ask my friend to teach the class as she didn't know how to teach. That bad.

This post has been edited by Ramjade: Sep 30 2025, 12:06 PM

i read it as a warning dont skimp so much....

struggle so much to get the number for x years ' expenses ahead
when life can be cut short, plan for 90 dead at 61.

if life is unpredictable, 61 can be 36 or 46..

so dont wait to retire ,,,
enjoy the journey all the way
from start

the finishing line is not a victory lap
it's just proof you survived office politics till then

it isnt the mountain peak either
it's just the start of the downhill ride...

yes i believe in meaningful living... not miser survival...

This post has been edited by dwRK: Sep 30 2025, 03:09 PM

What If There’s No Tomorrow?

This question has always stayed in my mind. That’s why I choose to live fully today, enjoying the fruits of my monthly hard work. At the same time, I’ve prepared for tomorrow by maximizing my EPF contributions, building a 7-figure PRS fund for retirement, and securing comprehensive insurance coverage for my spouse, just in case the unexpected happens.

Why PRS? Because I know myself as I’m too much of a shopaholic to resist the things I want. By locking my money into PRS, I protect my future from my own spending habits.

I came from a poor family and built my current legacy through many ups and downs. Along the way, I’ve learned to say “ENOUGH” Not because the desire to upgrade is gone, that’s still inside me but because I no longer want to take unnecessary risks. Instead, I choose to spend more time with my loved ones.

Today, I drive two exotic brand cars and own a large collection of branded watches such as Rolex, Patek Philippe, and many more. Yet, I’ve come to realize that true wealth isn’t measured by cars, watches, or even how many properties you own. Real wealth is measured by the love we share with our family, the peace of mind that comes from being prepared, and the courage to live a life without regrets.

I admit, I’m more of a shopaholic than my wife. Shopping has always been both a stress reliever and a reward for my hard work. But no matter how many cars, watches or properties you own, the hunger for more never really ends. That’s why I’ve turned down many opportunities that could increase my income, knowing they would take away precious family time.

My 2 cents advice: Learn from what Suzuki went through, and live a life with no regrets.

Live today. Prepare for tomorrow. But never forget what truly matters.

You can live healthily, but accidents are something you can’t prevent, just like what happened at the Bukit Kajang toll plaza.

If anything happens, at least you’ve truly YOLO-ed all the way and lived each day to the fullest.


This post has been edited by furuku89: Oct 2 2025, 01:33 AM