I will be reaching the age of 40 soon. It has been my dream to retire at the age of 40. As mentioned before, I will be reaching the 18 years of working in the workforce at the end of this year. The time has made me consider whether I should make the decision to quit the rat race for good. I feel that I need to be doing something which is to my interest instead of tendering my resignation and staying at home doing nothing.
Currently, I have no liability and only the commitment of supporting my parents who are retirees. There is no worry of me having to supporting the family as I have the investment portfolio which support the family for about 17 years if I quit my current job now and not working at all and living on the dividend generated from the share investment. The number of years can be extended to 21 years if I reduce the yearly expense by $5,000. Such lifestyle is good. However, there is no long term retirement plan as the investment portfolio will be diminished by 2035. I believe that I can opt to do something which is to my interest and at the same time generate some form of income to complement my living expenses. I am embarking on some projects which are of interest. However, such projects have yet to generate a single cents. Blogging is also one of my projects and I recently started the blogging project since 19 May 2018.
At this juncture, I am of view that I will continue my full-time employment which continues to generate some positive savings after offsetting the monthly expenses inclusive of household allowance. The positive savings will be channelled to my investment portfolio which generates more dividends on a monthly basis. It is nice to be in such position in which I have many options to choose from. I will take my time to make the appropriate decision accordingly.