Retire By 40 With Specific Plan and Amounts

I read with interest on a blogger who mentioned that she needs $616,90.67 with a 6.5% annual yield to generate a passive income of $3,000 per month by the age of 40, in Singapore. I think that this is achievable goal for most of the people with the assumption of one starting the full-time employment at the age of 20 or 22 for lady and guy.

The above example shows that it does not take a million to have an early retirement by the age of 40.  Her blog can be found at the following blog:

https://missniao.wordpress.com/2018/12/18/would-you-retire-overseas/#more-9484

https://missniao.wordpress.com/2017/05/30/how-much-do-you-need-to-retire-at-40/

https://missniao.wordpress.com/2017/06/08/passive-income-of-3000-per-month-how-did-i-arrive-at-this-number/

I think that this is a possible goal for most of the people to try and see whether it is feasible. There is no harm in giving it a try and the patience and perservance are the way to go towards achieving a sustainable lifestyle.

WTK

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Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I currently hold a full-time employment. I consider myself as FI and have the option of RE at any point of time.

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