agreed.

I feel it is disgusting when some parents born child to treat / build the child as their future banks / ATM machine / slaves.

I am fine if older generation's parents to have such thinking, but for newer generations, i don't expect so. If i have childs, i will give them money, not asking money from them.

Of course disgusting too. Thus, parents don't expect or build their childs as ATM machines. And child after grown up, don't expect to get free money from parents too.

If the childs want to give money to parent, or parents want to continue giving money to their childs after childs have grown up, that is perfectly fine.

Perhaps 12-18 more months max for me. Ideally is 12 more months, and definitely won't be more than 18 months.

My father retired at 55, and now he is 80 and still has lots of things to do everyday (he is able to follow youtube tutorials to create various gadgets). Same for me, i am a gamer (started playing game when i was 4-5 years old. Till now still playing games 2-6 hours daily), and have a lot of side hobbies, and have a lot of areas i want to explore such as augmented reality, 3d scanning / printing, etc. (AR and 3d scanning / printing are still kinda expensive atm, example, a industry grade of high accuracy 3d scanner can be up to USD 25k-40k. Apple's upcoming AR is USD 3.5k)

I want to be fully FIRE without worrying anything, won't bother to collect rental or to entertain tenants' complains, won't bother to check share up or down, etc. My passive income are all from FD, EPF, company share, etc. Worst case rm15K +- monthly, best case rm100k+- monthly.

Do i like my job? yes. But i have some personal issues that made me decide it is the time to leave the job and fully enjoy what i always wanted to do, full time.

My area still had rm2.5 chicken rice in mid of 90s. And if customer ordered chicken wing, he gave 2x chicken wings, and yes, rm 2.5. Other shops selling more expensive with only 1x chicken wing tho. Best chicken rice in my memory, spicy chili sos, very tatsy chicken and rice.

My boss has similar passive income based on my rough (conservative) calculation.

I followed him to some "high class" places, a few hundreds or a few k tips to various girls, or have a girl sit besides chichat / drink together that cost a few K per girl, or bring girl out cost over 10k, etc. Only this amount of passive income able to afford. I was thinking, if a man has so much money, what places they can spend the money? If they don't spend it, it is really wasted. If i have so much money, i guess my wife will close 1 eye if i have other gfs outside

My wife never control my finances, and i will never let woman to control me in any aspect

She once joked if i become damn rich one day she doesn't mind me bring back 3 more wives to play mahjong with her, that gave me a bit of hope

My boss has a rich friend who divorced a few times, i wonder how the guy protect his assets / money. I guess people this rich should have some ways to save their money / assets, and won't let ex-wives to share half of their assets / money every time he divorced.

If she decides to do that, then i choose to divorce and become free man again, all win situation, simple

But i never heard of such cases happen on woman but mostly on man, any real life example you know about? Logically, this would only happen on man, but not woman. Only heard about guys become rich have more chance of become bad, but never heard of woman become rich and turn bad and need more husbands / bf.

I once was like that. 只愿一生爱一人

This post has been edited by HolyCooler: Aug 11 2023, 12:45 PM

It really depends on your current age, your lifestyle. I am mid of 40, 2mil won't be enough for me to live my current lifestyle.

I always plan things based on the worst scenario. Even if EPF has 5-6% these few years, and even if FD has 3.5-4%+ recently, i calculate my return based on 3% to be safe. So if i want to have 15k per month as passive income, i aim for 6mil in bank + epf. (Last i checked, my highest monthly spending was around 6k. Now i guess is around 8k)

If i am still living my 10 years ago's life style, 2mil probably will be enough.

No way i will keep the seed money completely untouched.

I will start using it after i reached a certain age. Buy a car that cost over a million? Buy very expensive collectibles? Be a sugar daddy to feel young again? I will use the money to enjoy my life to the fullest before i am gone. Only some money will be left to my sister's daughters, and my houses will be passed to them.

Life after retired, the keyword is "hobbies". My father been retired for 25 years, he self-made aquariums, fish tanks (with few hundreds of fishes), modified bicycle, gadgets for climbing trees, planted coconut trees, papaya trees, chili padi, etc, doing carpenter tasks, playing games (mostly those gambling games on hp like mahjong, etc. But is free to play, he never spent money on it), watching movies, etc.

P/S Tree climbing gadget, similar to this, my father did it all by himself after understanding the logic/ theory : https://www.youtube.com/shorts/_7wfLu57qFo

He is still watching youtube daily to see what kind of gadgets he can do. My father did various jobs to survive when he was young, so he possesses many diff skills.

Those people who said they don't know what to do after retired, they need to build hobbies.

Retired not equal to boredom bro, unless your life is just work and no hobbies / entertainments at all.

I every time people said retired = die faster / nothing to do / bored.

It is almost the time i should fulfil my dream aka FIRE.

I think i am one of the very luckiest ones. My dreams were :
1. Own a house no need to pay rental
2. Able to buy the most powerful graphics card when it is launched
3. No need to work still have money to use and save each month
4. Eat foods or buy cloths no need to worry about the price

Simple dreams. All achieved.

I have so many hobbies, with the rise of AI, my life become even more interesting now, just need to leave my job and go into full enjoy mode.

How many of me? You meant my family? Basically no issue to support any family members included my close friends. My current monthly expenses is around 7k, but i buffered it up to 12k in case anything happens. And with the money saved each month, i can afford a new Porcshe every few years. I think i am pretty safe, and very lucky.

I have 0 commitments now, cars and houses' instalments already settled. And i do not buy insurance, i went to government hospitals a few times in my life and i am satisfied with the services so far. And most importantly, the main reason i don't buy insurance is i can't accept how those private hospitals and insurances pakat to charge the crazy fees. I always call these insurance and private hospitals as vampires.

These 7-8k basically is for the car petrol, internet, phone bill, electric and water bill, foods (i noticed i am eating lesser and didn't spend much on expensive foods recently, no such desire), etc. I don't have kids and will not have kids.

Because i do not live a frugal style, so i expect 7-12k will be my monthly expenses after retired, worst case would be 15k (based on this 15k, i know i agak agak can save how much per month). Besides the money put in FD, EPF, ASM/ASNB to earn the dividend/interest, i take out 200-300k as a pool for me to help people, buy luxury items (i don't have desires for those bags or watches, but wife once in a while will buy some), collections, etc.

My wife retied at 30s and already went to most of the countries she wanted to go. The last trip costed around 30k with some souvenirs purchased here and there. In the future there won't be much will be spent on travelling.

Personally i don't like to travel, Japan was the country i wanted to go so much as a kid, but once i went there, i realised one thing, the world has become so small due to the Internet, almost everything i wanted to see there i could see from the local shops and photos from the Internet (mostly collectibles like statues, action figures, etc), and i also realised i don't feel the excitement as i expected when i see the things there. There is no more reasons for me to travel (and sightseeing for me is really boring you know), so i just let my wife goes travelling with her friends, follow those fixed trips, etc.

When i was doing the calculation, when i said "safe", is even if i used 15k monthly, i still have another amount left for backup, it is the backup of the backup (7-8k used, can have back up till 15k, after reached 15k, i still have backup of the backup. I am a very safe person, just an example, if i calculated 1mil is enough, i will make it 4mil to feel safe. And if people can get 4% from bank and 5% from EPF, i would make it 3% averagely for calculation). And i also mentioned that 200-300k will not be used as a calculation for the interest/dividend's return, so even if i wanna travel, the money will be from this money pool that won't affect the return's calculation. The modal i put in ASM/FD/Bank/etc, even if it is 0 interests / dividend earned, i still can live very good until i am leaving this world, this is the main factor that helped me to made up my mind.

Compare to many here i saw, their net worth are really high, but i am satisfied with what i have now, really appreciate. (Know a real life guy, monthly bank FD interest can be > 300k per month assumed he put everything in to FD with 4% interests, how do you imagine this kind of life?)

Sounds pretty cool man. So far i experienced -25 at China Harbin, i quite like the weather there, if i am not marriage, i would be spending a few months a year there. I still remember my mind felt very calm when i was there, i love being alone and walking on the road alone, or sitting outside the shops and enjoying the weather alone. Danger driving? I already involved in a car accident not long ago (not my fault), so it is a no-no, and maximum speed i ever drove in my life was 150 max, and it was 25 years ago, lol. I can imagine those things are quite interesting, i think if i can think of one that would interest me would be ski-ing, but i am not sure if my eyes are good enough for that, or if i could learn it without hurting myself now (tho i started ice skating when i was below 12).

Ya, i can understand that. Like my wife, her main reason to go to travelling is because she want to see the flowers that are not available in Malaysia...

I will just tell them it is the time for me to retire and fully enjoy my me-time.

Mid of 40. So latest by next year or earliest by this year.


My own experiences so far. I am not a gambler, but every time i went to Genting, i could win around rm 200-500. 10+ times now never missed. And i think 200-300 is really "easy" to achieve (my modal is 1000-2000). I can control myself very well, sometimes i achieve my target within 5-10mins and i will straight away leave the casino (15 years ago I saw my friend won rm 1k in a short time, not willing to leave because he thinks "he just arrived", then at the end lost the rm1k and lost all his modal)

Not asking people to gamble (all of my friends went Genting expecting to lose, and so far they go Genting sure lose money, they are too greedy, they won't leave even if they already winning a lot at the beginning, they will only leave when they lose everything), but i quite agree sometimes things harder to achieve by certain people seems able to achieve by someone else easier.

Met an English educated Chinese aunty around 26 years ago at a bus station, eve of Chinese new year (age looked like 70+), very talkative. Kept telling me all her sons/daughters very successful working/living oversea as i forgot what professions, may be accountant / architect / doctor, she looked so proud. But now i think back, she seems kena abandoned by her kids, even CNY no body came back to accompany her and left her alone staying in Malaysia, and occasionally talking to a stranger (like me) about how successful her kids are...

That time i was in college. Every time going back to hometown needed to go to the KL bus station, and that time the bus station so many ah pek pretended as gangster trying to threaten students for money, LOL. I remember i kena threaten by someone hisap dadah asking me to give him money, i fuked him and said go away, but then he took out a syringe as weapon, i surrendered and gave him rm1 and he went away


When the auntie talking to me non-stop, what in my mind was 2 things. First thing was, this auntie must be damn rich since her kids can go study oversea and even staying there. Second thing was, this auntie 99% should be a weirdo (in her kids' eyes) that kena abandoned by her kids, if not no way lepaking here in bus station talking to me. She talked a lot but i can't remember most things except her kids were oversea working high class jobs.

It is correct nowadays is different, it may be a better thing do not stay together and only communicate virtually or see each other in-person once in a while, lesser conflicts and more freedom for each other.

This is what i do. I told a lot of friends but all of them didn't know they can do this. But i don't zerolize the interest, i still pay a few ringgit to rm10+ per month since i only put in 99.9% to avoid fully paid the house loan.

Too many things to do for a gamer like me. And recently i am into learning AI (image/video related). Many other plans like exploring into 3D scanning / printing still pending... Time is not enough...


Personally i don't count properties as my NW (by right i should), main reason is these properties need time (months or years) to change back to cash unless i sell them super cheap.

My case is extra money can't change my plan. I will be working minimum 10more years if i can't stop my desire of chasing more money. But i did slowdown my plan 1-2 years tho.

If i think like this, i don't know i will work till when