Can i achieve FIRE in 5 years time ?

[iceiscold]

Background:

• 30M. BBFA single
• wants to FIRE by 35. Tired of the corporate world

Annual income:

• 700-850k p.a. base + bonus + RSU

Expenses- $3.5k per month

• food, transport, groceries: $3k/month
• Mom allowance $400 ( Lie to them about my salary, they think i earn $4000 per month )
• No car

Current investing plan: ( can advice more ? )

• $10000 every month DCA into VWRA via IBKR
• $1000/month into crypto;

Portfolio: Stocks and bonds:

• $400k stocks
• $100k SG reits and banks
• $300k Roboadvisors
• $200k bonds - tbill/ssb
• $100k crypto
• $300k cpf
• $500k cash

Not enough la. No 10 million don’t bother to retire. I got 100 million in my bank still continue working.

 

[highsulphur]

Not enough la. No 10 million don’t bother to retire. I got 100 million in my bank still continue working.

Yes sir. Only have 9.5m now. Will keep on slaving

 

[PuiPuiDuDu1992]

NPNT la........

 

[SBC]

I would get the biggest property i can afford with installment instead of pumping $10k every month into equities.

If had not done this like 10 years ago, it implies lot of things.
income then should be not too bad already. More than enough to get investment pty.

No lifestyle progression with rising/high income is another tell-tale indicator.

 

[Braun8]

If I have no kids to support, I can FIRE today
DINK is the best

 

[Okmolly]

For a 30 year old. That's impressive..

What industry are you in?

You could have bought properties..

He work at Money Laundering industy

 

[dry_county]

Paging mod to close thread

 

[yves]

Close thread

 

[SageWolf]

Yes, can close thread.
No, can open thread.

 

[randomph]

Why so many asking TS to close thread? Genuinely difficult for those with close to 1 million pa to retire these days u know???

 

[mikhail_k]

boss you can afford secretary ady still come here ask this kind of qns, ask her find out can le

 

[buttbERry]

so many ask mods to close thread