As fixed salary employee, Uncle8888 can more or less estimate the price of two years early retirement or the redemption cost for two years of time freedom.
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5 hours ago
i will look at it this way:-
ReplyDeleteAll your children are independent?
With what you have, can FI or FF till 85-90?
Still like your job?
If tomorrow never comes?
Then YOLO lol!
Shalom.
Sometimes i think at my age i can still find work if i want to work.
(At least can survive)
Who cares if MY FI or FF fails lol!
Wow 15% from just two years! That means you are earning quite a huge amount. Thats good! For me I think I will work until I cannot work. hahaha. The amount that I am aiming before retirement is really crazy. Dont think I will ever hit that
ReplyDeleteThe young ones who haven't know the real impact of INFLATION on wages and growing your earned income from low base from your parent generation. My starting pay in Aug 1977 was $3XX. Recruit pay was $90. Private was $110 and Corporal pay was $210
DeleteThis chart will teach you!
After 39 years of inflation, your earned income will become SO BIG and INFLATED! :-( :-( :-(
There is lesson to be learnt with James' comment: Wow 15% from just two years! That means you are earning quite a huge amount. Thats good!
DeleteIn the cyber world, do not get too excited with big number posted by bloggers or cyber warriors. Learn from SMOL's Trust but Verify. Ask for the reason behind these big number and how the big number came about.
Uncle
ReplyDeleteU got noble ? Very scaring stock leh
Not for newbies or faint heart
Deleteso u wan accept right issue??
Deleteof course, such steep discount. must take up all right issues otherwise get diluted
Deleteuncle.
Deletegood luck. jia you!