Early Retirement in Singapore
Is the FIRE Movement Possible Here? Just like how miles chasers live for the day they fly SQ Suites, or how BTS fans can finally die happy if they could see their idols up close… Personal finance bloggers are obsessed with FIRE (Financial Independence, Retire Early). To achieve FIRE is to become so financially self-sufficient that you no longer need to work to earn an income. You are able to live off your own wealth. Regardless of how much we enjoy working, achieving FIRE is a goal that most of us expense-tracking nerds have always dreamed of. These days, the dream is not just for hardcore nerds, if reports of the growing “FIRE movement” are to be believed. Even regular people want to know if it’s possible for them to retire early, too. (Because who doesn’t have fantasies of quitting to travel the world in a van, right?) So let’s find out what FIRE is, and whether it’s even possible in Singapore. source