Perils Of Early FIRE

There are some posts on the blogs which mentions on the dangers of early FIRE. I am aware of such circumstances. This is evident in which the so-called early FIRE wannabes are said to make the potential big mistakes in underestimating the effect of inflation. The numbers might look ok at the time of pulling the trigger on the early retirement. The one is able to enjoy his/her carefree life, play computer games at game and meeting his/her friends during the occasional gatherings and cultivating bonsai at his/her balcony.  I am of view that this is potentially a concern. However, this can be addressed through reducing the expenses. One will not be blindly buying the essential items at the first time of searching. There will be comparison on the items offered by different merchants before the individual make the final decision on the item purchase.

During the almost two months of early retirement, I do not play computer games and feel that this is a waste of time and mind. I have encountered such circumstances during my younger days and I conclude that it is not worthwhile to focus on spending all my time on such activity. I will rather spend the time doing exercise and build up my body fitness which will give a healthy lifestyle. A healthy lifestyle keeps the illness at bay.

I do not rule out the full-time employment in future. It is an option for me and I will only do it if I want to do it and not I have to do it. Such option is precious for me and I will not exchange it for any monetary reward.

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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