Early Retirement

I just came across this blog http://earlyretirementsg.weebly.com/ (and many others) and am glad to find fellow Singaporeans who are embarking on the same mission as me.

I aim to retire by 35. Currently I am 30. Still 5 more years to go :(

Based on current income trajectory, my net worth would be 1 million by then (not including my significant other half's), the majority of which I would probably invest in stocks earning myself at least 5% dividends overall. That would give me a passive income of about $20-50k annually depending on the actual performance of the stocks and how much I actually put in.

This amount should be able to cover my annual expenses adequately based on a comfy lifestyle.

Why retire early?

I guess this is due to my lazy yet greedy nature. I think most people want to be rich yet they are not that motivated, crazy nor hungry enough to work for it. 

By the way, having experienced much shit and politics in my corporate job for 5 years now.. I know it is certainly not easy to achieve wealth, let alone striving out on your own doing business. 

Also I realised a 9-to-6 regime is certainly not for me. Everyday to the office feels like a chore over and over again -- doing the same uninteresting shit over and over .. I think I'd rather stay at home, do nothing and drink beer all day long.