Someone on Seedly came out with an interesting plan to retire early for blue-collar workers or non-degree holders. I think the plan attracted unfair amount negativity but it merits more attention. I think any plan that shows that a Singaporean without a degree can retire early should be studied carefully. So I am going to out some ideas to the test with some concepts I teach in my ERM class. The plan has three components :

1. Instead of working for a company, the person works in the gig economy starting at a young age, say fresh out of poly/NS at age 20.
2. Work so much over-time ( about 15 hours a day ) in order to earn about $6,000+ a month, saving $5000 a month.
3. Invest at 6% returns a year.

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