I had a conversation with a friend recently. During the course of the conversation, she mentioned her intention of retiring at the age of 50. I feel that this is quite a good target and she mentioned that it will be a better age of retiring and she focuses on building her networth from the active income in respect of her full-time employment.
She enquired on my status and I informed her that I have quitted from the full-time employments a few months back. She raised the concern on whether I will be able to sustain the expenses for the rest of my life. I informed her that this is perfectly fine with me. However, I understand that there will be exceptional circumstances which arise during the course of the life journey. I have the option of doing some part-time job such as driving a taxi or private-hire car or taking on some tuition assignments. Such part-time employment will go to some extent on relying on the generated dividend from the investment portfolio.