Personal Finance
Light the FIRE! Can I Retire Now?
By Lizardo Realm (Investment)  •  May 29, 2015
This was the first time I came across the term: FIRE (by Googirl). Or to elaborate, that's Financial Independence, Retire Early. Quite a catchy tag line. Achieving the left gives the option to exercise the right. I view Financial Independence as the situation when my passive income can support a desired lifestyle. For me, it works out to be an investment portfolio of $2.5m if before age 65, or $1.8m if at statutory retirement age of 65. The reason for that difference is the additional payout from CPF Life payout by then, and because parts of my current investments are using CPF funds and Supplementary Retirement Scheme (SRS) that are locked up till age 55 (the excess beyond the minimum sum from CPF Retirement Account can be withdrawn) and statutory retirement age respectively. Alternatively, if I strip away these, I could likewise retire on a portfolio of $1.......
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By Lizardo Realm (Investment)
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