Personal Finance
Have I reached Coasting Financial Independence at 33 Years Old with $550,000 – Reader Question
By Investment Moats  •  July 15, 2018
Up till now, you have manage your money well, create a good wealth foundation for your family. So could you make a career switch to another industry by taking a much lower pay? I received this question from my user about his current financial situation. He would like to seek an employment that is more meaningful. He did his sums and it seems he has a good plan. He would like to get a second opinion about his situation and his possible plan going forward. So let us get right down to it.

His Family Situation

So here is my reader’s current situation:
  • Currently 33 years old, didn’t reveal the age of wife, one daughter that is 3 years old
  • Worked for 8 years
  • Diligent Saver and Building Up his Nest Egg using Exchange Traded Funds (ETF). Rate of return in the form of XIRR is 6%
  • Assets
    • Emergency ...
...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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