How much are you earning per annum?

No good to FIRE too early cause u may underestimate how long u will live, medical expenses and inflation may wipe out savings too early. Don't want to be old and penniless.

Originally Posted by Unregistered

I worked hard in school and in my career. I’m able to buy private properties. Now I have a fully paid condo worth at least $1.3 mil. So I have the option to retire at 55 after selling my condo and buying a 3 room HDB flat. I can relax, travel and enjoy retirement. I don’t need to leave behind anything much. I won’t bring my wealth to my grave. So why work another 10 years? Just retire by downgrading and free up cash.

"I'm able to buy private properties"

Only has 1 condo.

Lol. So much for "worked hard in school", I guess basic grammar is too hard.

Originally Posted by Unregistered

What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.

Seems like you are prioritising health/mental health over career. Nothing wrong with this decision if your passive income + income from your “not demanding” job is able to provide you a comfortable life.

Originally Posted by Unregistered

What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.

i think not bad bro

not everyone can work hard in life, some choose to give up early and no shame in that bro, u just be urself can already, singapore standards quite high and not everyone can be winners

always will be losers and winners

Originally Posted by Unregistered

What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.

Kudos to building up passive income stream. Why not work hard for 5 more years till 45 to have a fatter passive income then semi retire in greater comfort?

Originally Posted by Unregistered

What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.

what job in sg pays 3k and isn’t demanding?

Originally Posted by Unregistered

what job in sg pays 3k and isn’t demanding?

Locum Drs get paid about S$100 per hr and can choose to work morning, afternoon or night shifts.

Originally Posted by Unregistered

what job in sg pays 3k and isn’t demanding?

Tuition on sat and sun , 2 per day, can hit 3K also

Originally Posted by Unregistered

What do you guys thinking about semi-retiring at 40, taking on a job which is not demanding and pays around 2 to 3K pm, assuming passive income is at 1.3K pm, and monthly expenses is at 900pm.

Good idea. Life is short. Enjoy before you are old and sickly.

Originally Posted by Unregistered

I worked hard in school and in my career. I’m able to buy private properties. Now I have a fully paid condo worth at least $1.3 mil. So I have the option to retire at 55 after selling my condo and buying a 3 room HDB flat. I can relax, travel and enjoy retirement. I don’t need to leave behind anything much. I won’t bring my wealth to my grave. So why work another 10 years? Just retire by downgrading and free up cash.

I suppose you have been buying and selling properties and using the profits to fully pay your current condo? If that was the case then you must have been a successful property investor. Downgrading to get cash makes perfect sense. Many early retirees do this even for those who retired in their 40s. Condo prices is now high which is a good time to sell. Can get lots of cash.