Luckily, I didn’t exposed to the idea of financial freedom when I started working after university. My passion was teaching /education. When my wife was dabbling in stock market, I refused to play share because I believed to give my time to education of students! When we wanted to rent out walk-up apartment, the housing agent was not very efficient, so my wife and l attended a workshop conducted by a real estate agency. My wife became a very efficient housing agent! But I continued teaching as it is my passion! I had been teaching for more than 40 years before retirement! My wife has been a housing agent for more than 30 years! because that is her passion.
Hi Reggie, for this episode, this couple does not sound like they are in Fire ... sounded they want to get air time on your show ,, at least Hossan is more truthful ... and more honest and sincere when you covered his interview... I enjoyed your interview with Hossan ...
@@corporatebreakoutcouple , Humanity is the real wealth. Every single thing you gotten while here WILL REMAIN here. Only humanity will go with you to your next life. God is not interested to know how many millions you’ve made.
This couple is not on early retirement at all. They are full force too busy making videos, editing and attending interviews to promote their own courses. In almost every other videos they are promoting their courses so what kind of early retirement is this? Simply carrying the banner of early retirement and still working hard on promoting own courses and RU-vid’s channel. Sounds to me it’s another great career, absolutely not early retirement
Glad I came across this video! The sharing are very informative. Both of you are so down to earth! End of the day is to have a good plan for retirement and not giving up! Most of us work for survival for self & family. Truly agree we should have a balance life and living our life with purpose & meaning! TQ
But they don't have to worry about accommodation. There stay at Fran's house. Plus they have no kids. How many people with kids can actually quit the jobs and live in Penang? At the very least a regular couple will need to wait for kids to be independent. Then what about grandkids? Does your whole network or extended family also move to Penang? I dunno how many can do this. 😢
Appreciate this amazing couple, Fran and John, for their candid sharing and great sense of humor (especially Fran). A lot of great advice, eye-opening facts and personal recounts of their failures & successes. Their insights are so encouraging and practical. They don't hold back on their sharing-so authentic and genuine. Thank you guys!🫡
This couple is not convincing at all based on my experience. They just bring the audience to go merry-go-round. Just another self-professed “financial gurus” trying to market themselves and believe me there are many of them during this tough market situation today. Thank you!
very interesting discussion from this corporate breakout couple. I thought the 1hr 15 mins is long but I ended up watching the entire video. I have also gone through the rat race in corporate Singapore for a couple of decades and I totally concur with what this couple has said about living a life outside Spore. Sporeans tend to have a "island" mentality. I totally agree that retirement is not just about sitting around and doing nothing. another good video. Keep it up !
most people should stop at when they said they had a networth of over 2million in 2020. they arent your average couple. they do have high earning power to begin with. make sure you get that as a priority first before making the effort to learn investing. earned income > invested income
I like the part where comparison was made between Penang/Malaysia and Singapore. And I agree with John. Comparing the two cities, life in Singapore is like cycling down the street from point a to point b with a bicycle. You focus on what’s ahead of you most of the time and get to the destination faster but you miss out on appreciating what’s around you if you’d had walked instead. IMO, Singapore’s pace is too fast. It’s good for its development and economy. But not good for the people’s mind and soul. Trust me, mental health is going to be an issue here in Singapore if it continues the way it is.
Your RU-vid channel is amazing! The content you create is instructive and informative, The production quality, creativity, and passion you put into your videos are evident in every frame. you are keeping me hooked with every video. Keep up the fantastic work, you're doing a fantastic job! 😊👍
Thank you for exploring and explaining "beyond FIRE". Appreciate the shared life philosophies above financial techniques. Key learning points: * FIRE is not an endpoint. * need to keep growing after FIRE (keep growing income). * need to "pay" for education in markets (by losing small money) * Enjoying countries and new places properly. * that there is another life other than Singapore, * focus on health and keeping fit (from a fairly young age). * finding purpose in life. * "are you living life?" . Looking at our parents and grandparents (and learning).. * reflecting on tech & social changes in the world that affects our lifestyles & retirement. * money flows in and out. * money is temporarily in our custody. * think outside the box.. to help the world that is in pain.
A very frank & useful discussion. Could have given a better time context to the early retirement dream by telling the audience how old the cou0l is now and at what age did they attain FIRE.
After declining for four decades, do you think we have seen the high in interest rates (and the high in inflation) for the next four decades after bouncing off the low since 2021?
Watched through the whole interview. Whole feeling is they are putting down Singapore and salaried workers. I don’t think you have to belittle others to justify your own actions.
Thanks for Sharing how you feel. I think we are all just trying to make it work, they need a narrative in their heads to keep them going. You do not need to agree with them and that is perfectly fine 👌🏼 as fellow Singaporeans I think we can all agree that Singaporean working professionals work dam hard 😅 good or not that is a different discussion
Don’t understand, seems complicated, sounds like risky biz, could loose my socks off. Sounds like what the bankers are saying, I bought into it, never heard from them again and never made $$, n they made a 2 to 5 percent sales charge off me. Sucks, the problem is, they never have an interest in the clients😢😮
I managed to listen 8/10 of the way. I appreciate the sharing. But I sort of am disappointed with the way that they explain the 4% rate or some 4% rate that equity returns earned. If it is based on the same safe withdrawal rate, it is rather robust. Probably more robust than depending on 3 properties in 3 different regions. It does not mean that it does not have cash flow. In properties, you can have periods where you don't have cash flow as well. Imagine a scenario where that 4% actually tested through which is a Singapore and Malaysia great depression. That 4% survived that kind of scenario. The question is whether the properties today will survive that scenario. We don't know. but I hazard to guess getting a market rate rental, and then being employed together (based on their plan) can be rather challenging.
Definitely not retirement. Financial Freedom might be since live in Malaysia make dollar stretch longer. So far they didn't say what is their Net Worth to be able to achieve "retirement". Sorry, kinda misleading or confusion.
Well, at least they read the book and remember a portion of it. Pick bits and pieces that work for them. There will always be the next conman coming into the scene.
Noteworthy. the late Lee Kuan Yew had many Predatory Bad Habits & Racist Policies… ie. Land Grab, Marginalising & Oppressing SG Muslims, Ruthlessly Destroying not only Political Adversaries but also Influential People, Families & even Communities etc … These sanitised in History Books & never thought in Schools …LKY’s Bad Habits are PAP Government Policies… 😊
Noteworthy. the late Lee Kuan Yew had many Predatory Bad Habits & Racist Policies… ie. Land Grab, Marginalising & Oppressing SG Muslims, Ruthlessly Destroying not only Political Adversaries but also Influential People, Families & even Communities etc … These sanitised in History Books & never thought in Schools …LKY’s Bad Habits are PAP Government Policies… 😊
@@TheFinancialCoconutTFC good content though. Always refreshing to watch content of different perspectives. THANK YOU and I look forward to more episodes!
Feel free to watch one of our videos where we interviewed this Singaporean couple with 2 kids who also retired early in their 40s when their kids were schooling age
The context is having kids in singapore city. Retiring early with passive income while raising kids in sg is not impossible, but it’s gonna be tough and scary.
No kids can retire early in Png. Is yr life complete without experience of having kids? 😂 infact, financially secured folks dont focus on making more money. Its emotionally draining to keep thinking making more and more😂
Most Singaporeans are able to “retire” once their HDB MOP is met, but only to neighbouring countries. My 5-room flat market rental is about $4-5k. My mortgage is about $1.5k. My nett profit say after maintenance and tax is about $3k. If I move to Penang, that converts to RM10.5k which comfortably puts me in the upper middle income bracket. 😂😂
