Asked by Anonymous
Asked 4w ago
Are there other factors that you should be considering before you potentially FIRE?
More or less, pretty foolproof, except for the effects of inflation. For example, if you have 1M, based on 4% return, you will get 40k a year, totally live-able in Singapore. This works out to be $3,333 a month, which is roughly a 4k gross monthly income (after you take away 17% CPF, you are left with 3,333).