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:
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.