Unregisteredr |
03-02-2016 09:54 PM |
Savings & Retirement funds
Quote:
Originally Posted by Unregistered
(Post 79256)
Just to share with you. Not to show off but something which everyone, esp the younger forumers here can learn from. I started my career with an end in mind, the end is early retirement as I wanted to do so many things before I grow old and die. I worked very hard in my career as a top performing executive and invested my money successfully. Now I am a retired millionaire at the age of 50. I am now fulfilling my dreams to explore the world and make a difference. When do you plan to retire?
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Happy for you. In a way, since 5 years ago, I have adopted "retirement" mentality in terms of attitude and outlook (taking things easy, full-time pay, part-time mindset in the sense that work is NOT my main preoccupation; the real full-time life is my personal lifestyle). Tangibly, I do not want to retire too early(unless a different direction comes along or attracts me). With my measurable no.of vacation leave, I can choose to be off work when time is appropriate - either overseas vacation or personal/family activities. In the past (early) retirement seems appealing in view of lower mortality rate, thus factoring in time to enjoy life before one gets physically weaker/less mobile. However, with affluence-education, health-conscious lifestyle, social and economic help, and alternative medical options/cure, people are more healthy/fitter and could easily live another 10-20 years longer. Sticking to current retirement age is "timely" and enable one to enjoy at least another 20 good years.
Someone asked what is my net worth. I did a quick calculation based on sale of the properties, stocks, returns to investment in the short term(til 2018),etc. It is in the range of $2.5mil +/-(I am thankful to my faith/blessedness and the people I have been blessed with, in helping me). With my financial status now, I am able to have financial security for the future, pursue a lifestyle and activities I love doing, and more satisfying too, to bring joys in others' life(family, friends and otherwise).
I sincerely hope more people will benefit from a less conservative investment approach, do their due diligence before committing in investments ...it can only get better. I know because I once started from "zero".
Julie
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