Achieving FIRE

Money is a tool to help one to have the choice to be FIRE. There is only this amount of money which one can make in the course of the full time. I am of view that one should go for early retirement when he/she has saved the sufficient money to sustain himself/herself in life. This will include the own saving and CPF savings in Singapore context. The 4% rule is sufficient to help one to estimate the so-called FIRE figure. If one has saved 25 times of his/her annual expense, I am of view that the individual is well set to quit his/her full-time employment.

WTK

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

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