Read older post? Retire early, live longer?
Today, there are two letters in the ST's forum page, A33 related to topic of retirement.
I believe that before one starts thinking of retiring, one should plan to "retire" from office rat race first, e.g. semi or quasi retirement (working just enough not to get sacked). But, to be able to do that one needs to have other sources of income generating capabilities to compensate it as you may be unexpectedly get fired!
So, if one mainly depends on active income from your salary to build up wealth; then it may difficult to get out from office rat race.
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
3 weeks ago
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