Updated above...but I guess RM2.5k per pax is a safe calculation.

And I am totally debt free (when I choose to retired, I cleared all my debts).

yup, ok... thanks

so can plan how to plan for my fire

Good luck to you bro, just count all your expenses for whole family and combine all income source.

I was also scared when I did it to be honest, also will be good to do this before you jump the gun, calculate actual expenses and income for every month for say 6 months. This will helps to gi e you confidence.

Even today, I made a habit to capture most my expenses via a phone app. Just shot the receipt and it will capture all the info. End of the month, export the data to Excel files and do your maths.

This post has been edited by CommodoreAmiga: May 20 2023, 09:16 AM

At that rate, do you still have insurance payment? Or that purely living expenses?

I know insurance meant different thing for different folks, I'm hoping to paid enough when I hit 60 and let it run on its own up till 80. Worst case, go to G hospital as earlier discussed if insurance cash balance dries up.

Debt free will give ultimate peace of mind as there's no one chasing you for money.

If you invest correctly, actually your investment can pay for your insurance (that's what I am planning to do). It will be my dividends who pay for my insurance and my capital won't even be touched.

This post has been edited by Ramjade: May 20 2023, 09:27 AM

Let's just say my insurance is taken care of. Which is why it is important to calculate based on your own situation. No two person financial expense are the same. So yeah, that doesn't covers insurance yet.

But I was calculating per pax...if it is one person, the expense are higher...but if you add a few more, subsequent pax can be lower due to shared cost.

Hence maybe for 1st person RM 3k to RM 3.5k is more realistic. Anyway, take my advice with a grain of salt! Do your own calculations!!!

Wah...retire so early.
I am early 60s. still working.

Exactly. Priceless. I can eat roti and drink Kopi at home. No give fcuk to anybody. Nobody's gonna chase me out of my properties. No truck to come for my car. No sohai Hamsters downline chasing me because Ponzi scheme bursted.

I can meditate and achieve Nirvana.

This post has been edited by CommodoreAmiga: May 20 2023, 09:30 AM

You work because you Suka, boss.

I tak Suka. So I keluar. 🤣

Besides I have tons of hobbies , want to learn them before I die.

So envious of you all, now i committing on FIRE too.

Currently expected passive monthly cashflow is generated is at a rate of approxiate 800 per month ...

Actually I quit my job too. Told my boss to f**k off. He said you don't need the money meh? I told him if I need the money I would be working. I am resigning right? He got a shocked and keep quiet.

My passive income have more or less match my active income so I took the leap of faith. But I will still be working free lance.

Cannot tahan the horrible office politics in this Chinaman company.

Will be experiencing what is lean FIRE is like. Lol.

This post has been edited by Ramjade: May 20 2023, 09:38 AM

I tak suka. But my company suka pay me 40k per month for my expertise.
What can i say?

My hobby is simple. Exercise freak. Just a space in my room.
And planting vege.....oh and travelling when i can, to visit my children in Aus.

Good job! Give yourself a pat on the back!

What's your age?

My hobbies needs a lot more time..learning electronics to refurbish retro computers, play piano/guitar, learn coding for retro machines (my background is coding), learn Japanese...all these needs loads of time and not simple...

And also need to clear all my backlogs of videogames....muahahahaha!

Where got time!

Having more money is meaningless for me...to me even if you add another zero behind my current net worth, it won't change my lifestyle. I have no desires for wasteful expensive stuff. Hopefully I can achieve Nirvana soon in a couple more lifetimes.

This post has been edited by CommodoreAmiga: May 20 2023, 09:43 AM

born in 93 lol


This is the highest achievement, you know what you want, and you already achieved it.

This post has been edited by Haloperidol: May 20 2023, 09:45 AM

Good luck in your journey!
My daughter is facing the same issue. In Aus. Albeit she is a new worker.

Woww...long way to go. Almost Same age as my daughter. So your passive income is already a BIG plus to FIRE. Good JOb!

Ok. La. Younger than me. I old man already.

What politics at work?

Unfortunately for her, white bosses are exhibiting racial bias to her colleague.