People tend to envy others. I feel that envy must be eliminated in order for one to be happy and contented. It is better for one to be contented and this will bring the happiness along the way. I do not know whether this is one’s self-conscious need to be hankering for something better. I guess that this is the human’s nature and I believe that one will be more happier by being content with the existing circumstance.
WTK
I note that some of the FIRE personnel also plan to have their assets to be transferred to their children upon their departure from this world. I am of view that there is no need for them to make such plan. The children will have to take charge of their own destiny and this will make the children more resistant and not taking the things for granted. I am not sure whether the children will appreciate the effort rendered by the parents given that it is unlikely that they will need to make the effort and may have the abundance mentality and go to the direction of spending the asset without the control.
WTK
Some of the bloggers posted their net worth on the blog. I do not see the need of me doing likewise the same. The net worth is up to one to decide whether this is sufficient. The figure of $1 million may be enough for one and may not be sufficient for the other. Therefore, it makes more sense for one to keep the desired figure close to his/her heart. This is the way in which one will have to assess the amount of investment portfolio he/she deem to be sufficient for his/her circumstance.
It is to each of one own.
WTK
There is tendency on the people comparing the results with one another. I find it strange and odd that this is totally unnecessary. There is nothing to gain with the comparison. It is self-defeating and one gains nothing for being superior to others apart from having the advantage over others. Is it worthwhile for being competitive with others? I do not see the benefits in doing so and I doubt that there is such need and it is totally pointless as per my perspective.
WTK
The pandemic is a great test to FIRE. The economy shut down, but the significant savings allow one to ride out the storm. One does not have to worry about going hungry. The net worth is definitely going down and there will be further pain. Such setback will not change one’s plan. The buffer from the investment portfolio gives one the peace of mind. I have such feeling. Do you?
WTK
It’s a nice feeling to be humble. There are no stress and expectation. One can go about doing the things of own interest. Value is the measure of the worth. This is up to one to expect the type of the value in focusing on own interest. Humble people usually talk less and listen more to other people’s conversation. This is the advantage for the people who do not desire promotion in the full-time employment and this also reflects the true inner self of the people. I am of view that this is the type of the people whom I respect and can be true friend if found. One will have to be wary whether the counterparty is truly humble in his/her own self. Some people may act to be humble and the true nature of such people may be in contrast. Therefore, it makes more sense to have some reservations and be aware of such people.
WTK
I like the aspect of FI which refers to Financial Independence. The option of RE (also known as Retire Early) is great to have with the knowledge that one is able to utilise this option at any point of time. I am of view that this is one of the best approaches for one to be in such circumstance. Having the knowledge of such buffer gives one the comfort of not being held under ransom by anyone in term of the retrenchment. I think that this is the sole comfort of being able to enjoy the present moment of time.
WTK
The situations in the poorer countries are pressing and urgent. The people in these countries have to lead lifestyles which are the matter of life and death in which there are no sufficient food for survival and the need to wear the masks for the survival. One will reflect whether the current life of himself or herself is better than the people in these countries. I feel that this is the way in which one will be content with the current lifestyle as compared to the people in these countries.
WTK
Peace of mind is priceless to me. This alleviates the fear and enables me to make the decision as per my desires and wishes. I am not bound and restricted from making the decisions which makes me happy and fulfilled. I feel that this is the way in which life should be about and the true meaning of life is to one. This is the true form and expression for one.
I do not know whether the readers will agree with my approach. I am of view that this is the right way for me and I believe that this is the way going forward on a constant basis.
I have wondered whether doing nothing during the retirement will mean that there is no meaning for me. This is natural thought as one is inclined to work from the young age and it takes time to adjust to the new norms of life given that one will be adaptable as it takes time for familiarities to come into the norms. I think that this is nothing wrong with doing nothings during the retirement. One can focus on improving his/her life by the slow pace exercise and doing the things of his/her interests at a slower pace.
WTK
There are times in which one is too focused on the future and end up failing to endure the moment of the present. I am of view that one should live in the present and appreciate the moment of the present. This reflects the true life aspect. There will not be any meanings to life if one does not enjoy the present moment which is the true and cool prevailing way of life. I have taken the decision of quitting the full-time employment partly because I want to enjoy the present moment. This is the true way of life and I am happy for such moment of life.
WTK
