Personal Finance
What does FIRE mean to me?
By Alpaca Investments  •  September 9, 2022
The past few months has seen increased coverage of the Financial Independence, Retire Early (“FIRE”) movement in Singapore. This post pens down my thoughts on why I’m pursuing FIRE. The draft was written over the past month, whenever certain thoughts cross my mind, so pardon me if the post appears incoherent at times. Maybe reading this on a Friday evening won’t feel that bad, since it’s the end of the work week; I’d suggest reading this again on Monday morning for a good juxtaposition. To be honest, I’m pleasantly surprised that the media covered the FIRE movement so frequently. Anyway, here are the articles I’ve come across. The first one would be Honey Money’s goal of 1M35 (1M65 is no longer in vogue). It’s an ambitious goal, yet entirely achievable. To me, retirement shouldn’t be defined by an age – it should be defined by reaching a certain net worth....
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By Alpaca Investments
I'm currently an undergraduate studying accountancy in one of the local universities. My ideal career would be either in private equity or venture capital, as the analytical process involved greatly interests me. I believe in working hard, while concurrently putting our money to work. I currently have a low five-figures portfolio, accumulated from working part-time jobs, my National Service allowance and my savings.
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