“My biggest fear is to spend all my time on work and never being able to do the things I want, before it’s too late.” Nobody wants to work till they’ve got one foot in their graves.

Source: Highnunchicken This is why when the Financial Independence Retire Early (FIRE) movement got introduced, it really caught…… fire. (Please excuse the pun.) For the uninitiated, the FIRE movement focuses on aggressive saving and passive investing, allowing individuals to be financially independent before the official retirement age of 62 (in Singapore). The internet started to explode with FIRE fanatics teaching how one can retire early, and coupled these information with graphs and charts, showing us the money required for us to leave our day jobs. Many followers of the FIRE movement suggest that the magic amount required for retirement to be 25 times your estimated annual living expenses.

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