So many things to do leh. Imagine waking up without alarm clock, go for morning jog or taichi, then only go to work. Work also until you want then just leave early. No need to bring work back to house.

some ppl likes hussle bussle high pressure corporate world... usually they in upper management...

lower management with no hope progressing getting shit on by upper management usually the ppl wanna retire early...

The person who starts FIRE has gone back to work....

You sir, have hit the nail on the head!

I started following the movement when I was early on in my career.
Now I'm commenting after a fair bit of progression where I would just be bored if I RE.

Its still on my radar, but not my primary goal anymore.

She told you that?

For a little context

SOS

I concur, some really just love the stress and politics in a corporate career.

But then again not all who are capable want to climb up the corporate ladder. Some just want peace in life. Some just want to spend more time on their family and hobbies.

It is quite a old concept. At least back mid 2000s, but could be even earlier.

the focus is not on retirement; the main focus is on the criteria of what it means to be able to be financial independent or able to retire early. ie how much is enough.

After achieving FIRE, basically it is up to the person what he wants to do as the person is no longer enslaved by the need to earn a living.... if want to continue working, also can.

This post has been edited by Wedchar2912: May 17 2023, 07:19 PM

not that dude.... the concept predates him.

kinda started with "Your Money or Your Life" by Vicki Robin (Author), Joe Dominguez (Author) right?

OIC. Nice concept. Just reading it. FI part is nice. should be taught in school. RE depends.

I always tell young peeps to enjoy what they are doing and have passion in it. Keep investing in own self. Eventually won’t be a job.

I know doctors who really cares and they don’t need the job. So damn rich already. But still work at 70+. Artist and musicians are other good examples. And I know auditors who enjoy counting other people money lol

yes i know some people like this... no chance for FI or RE... forever middle class... and they are content...


This post has been edited by dwRK: May 17 2023, 10:51 PM

half are actual spending iirc... only the food bit is too low, the mrs probably does the groceries... the rest looks ok... dunno how much validation he has done, so i wouldn't call it fantasy...

this sounds like a good number to retire...

Their biggest fallacy is the spend as much as they earn putting themselves in perpetual debt.

mana new thing. long time ago d lo. dats how it poison those uni student las time. join mlm. passive income retire early

that is different group of ppl lah... one kind one... hahaha...

wanna ask how you achieved so much net worth in your 40s?

did you do business or got a high income job?

Just found out what FI/RE yesterday. probably been doing the FI part long time but we old guys just call it retirement planning.
lots of students study something which they have no passion. its a big problem. easily end up get "poison"

In reality, very few in this country could fi and re.

This post has been edited by icemanfx: May 18 2023, 12:41 PM