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Anonymous
Forever worried about my actions if i quit my job whether i will be able to survive, pay the bills, retire etc.
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Cryotosensei
10 Oct 2024
Blogger at diaperfinancingfund.blogspot.com
When you feel that you are making use of your strengths and passions to make money as well as contribute to society
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Some extent of worry is good, because it helps you derive a plan to achieve your target.
Once you have that plan drafted, by staying on path should means you are doing well!
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Look for ways to cut expenses, can save up / invest the difference
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I think its human nature to always "compare" against people. as long as you are doing what you can, ...
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I personally harbour the same thoughts as you. But what exactly do you want?
2 ways:
I know the worries. If you met what you set but comparatively, where are you.
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Combining both, I try to build my passive income that cover my expenses and also any incidental future cost and medical cost. The amount is staggering if I may tell you. I am 50% there and maybe because I have a long life expectancy, so there is more to worry. Imagine if you expect to die at 65, don't need to worry so much because come on, even CPF also got no chance to use.
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And because there is a long life expectancy, it makes me more worried as my parents are expected to have long life expectancy as well. Therefore, it might be difficult to retire early. And because I want to retire early, that is part of the stress.
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Next is to compare. If I compare to other, usually I use CPF declared numbers. That puts me at about the 50% mark. Is that good enough? it is very personal. I don't think that's good enough but when you talk to people around, it is rather mixed. ζ―δΈδΈι«ζ―δΈδΈδ½.
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At 48, no debt and sufficient assets but not enough to retire yet. Next is also life style. I guess I am okay, just that I still cannot live my best life yet.
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Hope this gives you a good idea.