5 Years Of EARLY RETIREMENT: The Good, Bad & Ugly. How Has Our FINANCIAL INDEPENDENCE Journey Been?

[@corporatebreakoutcouple]

What are your plans when you retire? Let us hear your thoughts in the comments below!

[@teatree6228]

@@corporatebreakoutcouple Just LIVE and Breathe freedom FIRE

[@corporatebreakoutcouple]

@teatree6228 😍😍😍

[@SGDadtoJapan]

Very inspiring, thanks for the sharing! Totally aligned with what i am thinking too

[@corporatebreakoutcouple]

@@SGDadtoJapan you're welcome! Thanks so much for watching our videos!

[@teatree6228]

Delay in retirement when you have sufficient funds and no debts- waste your time Time is a diminishing unredeemable asset❤❤❤❤❤❤❤❤❤❤

[@corporatebreakoutcouple]

@@teatree6228 yes, time is something that most people take for granted but don't realise that it's the only asset that depreciates and we can never get it back

[@CSB-pu9mc]

I semi-retired when I was 45yo and I went to live in Tokyo for 2 years and coincidentally during covid time. It was one of the best decision I made as the experience is something money can't buy. Now at 52yo I am fully retired and m looking forward to even more traveling to add more colors to my life stories.

[@corporatebreakoutcouple]

@@CSB-pu9mc that's so wonderful! Congratulations! Thank you so much for sharing with us

[@teatree6228]

In this universe now, employees look for money and learning new skills, and job mobility is the bane.

[@corporatebreakoutcouple]

@@teatree6228 yes

[@garyt7232]

Congratulations on five years of early retirement. Appreciate you two sharing your retirement journeys, and your insights about retirement. Continued success.

[@corporatebreakoutcouple]

Thank you so much, Gary

[@eugeneteo9664]

sustainability is the magic word..

[@corporatebreakoutcouple]

@@eugeneteo9664 for sure!

[@GyrotexGaming]

Congrats guys! Corp employee, 48 years old, also planning to retire by 50 the latest. Your channel has been very insightful!

[@corporatebreakoutcouple]

@@GyrotexGaming thanks so much! We are rooting for you to see through the plan in a couple of years! 😍😘💖

[@ThePropertyBean]

Great video. Key to a well lived life would be a life of purpose and fulfillment that will impact other people's lives positively. A lot of people who went into retirement cannot stay long is due to living a life of self centeredness. Nourishing the soul will lasts longer and live happily. The only way to do this is to live a life of giving.

[@corporatebreakoutcouple]

@@ThePropertyBean super well said! 👍🏻👍🏻👍🏻

[@CKThong]

Inspiring!

[@corporatebreakoutcouple]

@CKThong thank you so much for watching!

[@babibrain]

You video inspire anyone who want to enjoy life early at before 50

[@corporatebreakoutcouple]

@@babibrain 😍 thank you so much

[@teatree6228]

I retired 2.5 years ago and i am almost done clearing up the paper clutter in my house.

[@corporatebreakoutcouple]

😂

[@BENWILLIAMS12316]

In light of the current economic conditions and escalating living costs, can you share your insights on how to sustain profitability?

[@LJ9089-r8w]

Well, I took on the challenge to put my finances in order. Then, I invested in the financial markets with the assistance of my discretionary fund manager

[@LJ9089-r8w]

Shirley Mae Crisler

[@BENWILLIAMS12316]

Please educate me. I've come across this name before. Now I am interested. How can I reach her?

[@Yheyehe]

Crypto is the best future where people makes money and generate good returns

[@TrumpforAmerican]

This is correct, Shirley's strategy has normalized winning trades for me also, and it's a huge milestone for me looking back to how it all started..

[@teatree6228]

I have senior colleagues who are in their 70-80 years old, who are dedicated to their jobs. This is admirable. I agree- i chose to stop work early at the time of my choice, rather than being dedicated to a career

[@corporatebreakoutcouple]

Wow thanks for sharing. The work /job is usually the comfort zone and fall back for most people who do not know what they want to do with their free time. It could also be a financial issue that they may be facing and not sharing to others.

[@ngg9544]

Rat race? You define rat race because of your ability but for others it’s not rat race but passion for the job to make a better life for all.

[@corporatebreakoutcouple]

@@ngg9544 we didn't come up with the term rat race though. It is indeed a fact that since 1930s, this term rat race was used to describe the competitive nature of the work environment, especially in the corporate sector.

[@stockkid8515]

i don't have an alarm clock also, lots of jobs does not have.. think property agent, insurance agents etc... Business owners. etc.. actually in life when u have enough just do what u enjoy. must know when is enough ...

[@corporatebreakoutcouple]

@@stockkid8515 yes!

[@SpinelPrince]

I would say that early retirement works for this couple due to their ability and good fortune to make the right investments at the right time. It is not a formula applicable to everyone as some people would have children, they need to take care of and support till they are employed or aged parents. There is a certain satisfaction in doing a job well, so some may continue to work as it gives them personal satisfaction and a sense of identity. Retirement as far as I can see to them is travelling, eating and making videos to encourage more people to retire early. If that give meaning to their life, then it works for them, however perhaps only 30% of Singaporeans are financially ready and prepared for retirement. For a majority of people especially men who retire, death may await at the corner, cos they lose their sense of worth, identity and purpose. So maybe they can address how they find meaning and purpose in their retirement, however their meaningful purpose may not be other people's meaningful purpose. For woman, they may find purpose in taking care of their grandkids, how to do that when they're constantly travelling? Different strokes for different folks for sure.

[@corporatebreakoutcouple]

@@SpinelPrince thank you so much for sharing your thoughts! We love it! To address the no kids part, we have interviewed a few couples on our channel who has kids and yet managed to early retire in their 30s and 40s. Do check them out! The purpose and fulfillment part is super important and hence we keep repeating ourselves in that area. Basically it's the WHY one wants to gun for early retirement. Actually it's not early retirement but the TIME Freedom that people want to have. In order to have time freedom, one needs to have Financial Freedom first. It's all connected and we endeavour to show this to people in our various videos.

[@fudanjx]

Isn’t boring if Not working ?

[@corporatebreakoutcouple]

The whole video is about finding fulfilment and joy outside of the corporate work.

[@tom5ironman]

Love watching your shows. You guys inspired me to retire early .. we live in the US but we want to retire in Malaysia. How much do we need to live comfortably in Malaysia ?

[@corporatebreakoutcouple]

Hi Tom! We've created many many cost of living videos on our channel for the different states in Malaysia. You should have a very good idea on the costs when you watch these videos. Happy watching! 😍

[@teatree6228]

Appears to me like many Americans from USA and mainland chinese are retiring to Malaysia. ❤❤

[@corporatebreakoutcouple]

@teatree6228 it's so true. We know of several people from our gym in Penang who are on MM2H

[@babibrain]

I would say USD1000 per person living expenses is more than enough to live comfortably excluding health care.

[@corporatebreakoutcouple]

@babibrain yes, USD1k can be done. It really depends on the lifestyle of the person /couple.

[@tonyariel168]

btw Netflix squid game season 1 and 2 very interesting, ok will work on a blog/KZbin channel

[@corporatebreakoutcouple]

@@tonyariel168 we finished watching Squid Game S2 as well. Love it!

[@teatree6228]

Retirement is the real life

[@corporatebreakoutcouple]

💖

[@teatree6228]

Join a gym with off peak membership fees Buy air tickets at off peak seasons

[@corporatebreakoutcouple]

@@teatree6228 oh yeah.. That's how it done 💖

[@calvinchew7985]

Sometimes people enjoy working & reporting to bosses in corporate life..is that possible?

[@corporatebreakoutcouple]

@@calvinchew7985 yes! It's definitely possible! The thing is, if they are truly happy with working for others, then by all means go for it! We all need to be true to ourselves. The unhappiness comes when we know that we are meant to do something else but we are trapped to do the work that we don't want to do. Hope this explanation helps

[@tom5ironman]

I work here in the Silicon Valley and there are plenty of older tech people working even though they already paid off their mega mansions worth of 3-4 millions USD.. I think there are two categories: love being working in their jobs or they don’t have any hobbies to do outside of work.

[@corporatebreakoutcouple]

@tom5ironman these guys you mention are in the sweet spot of working because they want to, not because they have to. So this is the situation that we want people to reach, so that they have choices in life when it comes to work

[@calvinchew7985]

Me too ..Sometimes FI is thrust upon individual can you kindly share what's the scenarios may be ?

[@corporatebreakoutcouple]

What do you mean? Can you elaborate further? We would love to share more with you

[@calvinchew7985]

@@corporatebreakoutcouple eg. inheritance + financial windfall + prudent investing may tempt one to FI earlier than the official retirement age

[@corporatebreakoutcouple]

@calvinchew7985 oh for sure! There is no fix age for achieving financial independence. It can be 35, 40, 45, even 60 Doesn't mean one is retired at 65 is financially independent. They could still be needing a job to pay off bills as their pension or social security payout isn't sufficient. The key is to know how to manage the money one has - be it $100, $100k, $1M or $10M and so forth. Getting a windfall or inheritance is great, however if one does not know how to manage this money and make this money last and make even more from there, the money will soon be gone. This is the main reason why many lottery winners end up worst off a few years later after winning the lottery, than before they won.

[@teatree6228]

@@calvinchew7985this is me Sold my house and pay off all debts and within a month, walk out of a job and a career

[@HT_LBC]

More interesting than 65 or 80 years old ??

[@corporatebreakoutcouple]

Yeah, what's so interesting of the story of how an 80 year old retired? He literally stopped working at 65 or 70 and that's it, right?

[@HT_LBC]

@ Sure, good luck with your channel.

[@corporatebreakoutcouple]

@HT_LBC thanks

[@kennySg101]

Life expectancy so high. Talking about retire in 40s a bit early. May be move on to doing what u r interested in ?

[@corporatebreakoutcouple]

@@kennySg101 Health span versus life span Yes, people are living longer these days but they are also getting ill earlier. So why wait until 65 to retire, when our bodies might not be able to keep up to enjoy life? Isn't it better to handle our finances early on so that we can fully utilise our energy and time for things that we really want to do?

[@smezhublorry8860]

life short, why would u want to retire? keep cycling till the end

[@corporatebreakoutcouple]

Exactly life is short, why want to work so long for decades?

[@accqpqp2339]

4:00

[@corporatebreakoutcouple]

👍🏻

[@darrylk808]

Oh no, I'm decaying! One foot is in the grave. Better go back to work.

[@corporatebreakoutcouple]

@@darrylk808 you heard what Fran said, ya? You should only stop learning once your heart stops beating. Go expand your skill set and knowledge. There are tons of new things to learn. Going back to work isn't the answer

[@kitlee4486]

Yes, be own boss, no need to report to boss😂

[@corporatebreakoutcouple]

😂

[@teatree6228]

Not easy to boss- financial risk, staffing, work safety, human resources, taxes, compliance- you may spend more time with the paper work than the actual business!!!

[@corporatebreakoutcouple]

@teatree6228 that's why a good business needs the right people in the right seats to ease the burden of running a business, allowing the business owner the space and time to strategise & grow the business and not be swamped with emails and admin

[@teatree6228]

My boss was the australian government tax office

[@JocelynWong-hc4qp]

Possible if you have kids?

[@corporatebreakoutcouple]

@@JocelynWong-hc4qp yes! We have interviewed a few couples on our channel who has kids and they managed to FIRE and early retire in their 30s and 40s Do check out the videos that we did with them on our channel.

[@foolcj9999]

you 2 are given good info, but your FIRE nonsense has to stop. you are furu only because the market has been kind to you for the last 2 decade. the next few decade is not as beautiful as you think. worst, you 2 are not qualify to be a financial expert. maybe youtube clowns is ok.

[@corporatebreakoutcouple]

@@foolcj9999 aiyoh why so salty? It's not a good look on you 😂

[@cac1504]

Repetition.

[@corporatebreakoutcouple]

@@cac1504 😂😂😂 In which area did we repeat? You know how to talk big but can you substantiate your words?

[@johnwalk123]

Do you have email address

[@corporatebreakoutcouple]

@@johnwalk123 [e-mail]