Ex-GIC Head's Retirement Model: What You Need to Know about it [Chills 170 ft Ashok Samuel]

Ever fantasise about quitting the 9-to-5 daily grind? We sit down with Ashok Samuel - an ex GIC Head of Private Equity Risk who actually took the plunge and retired early.
After doing the grind for over 30 years to climb the corporate ladder at his firm, Ashok realised the never-ending rat race just wasn't for him. Hear his open and honest story about hitting that wall, embracing a totally different lifestyle, and carefully mapping out life after exiting the finance world.
From wrestling with feelings of anger and denial, to redefining what "success" really means to him - Ashok doesn't hold back about the tough challenges and mindset shifts required to retire with purpose.
He even dishes on some awkward retirement adjustment moments, like when one retiree bluntly told him "being apart is what kept my marriage together for 30 years!" Yikes!
So how did Ashok and his wife smooth out their "remerging" as empty-nesters? And what surprising twists, unexpected joys and detours has he discovered beyond the office grind?
This refreshingly candid chat is a must-listen for anyone daydreaming about downshifting from the corporate hustle. Ashok's hard-earned insights may just inspire you to rethink your "one life to live" philosophy.
Tune in to get a real, unvarnished look at life after retiring from the corporate fast track. You might be surprised by what you hear!
00:00 Introduction
08:37 How did accepting your career plateau impact your life and career?
09:43 How did you plan for retirement after coming to terms with your career plateau?
13:55 How do you decide on your retirement activities?
17:07 How did your retirement plans evolve over time, considering the uncertainty inherent in projecting ten years into the future?
18:48 How did you plan financially for retirement? Did you implement any financial methods?
20:30 From your perspective, how should individuals approach financial planning for retirement?
27:00 What were your portfolio plans given the "right-sizing" situation with accumulated assets and reliance on investment income over active earnings?
31:37 What's your take: traditional balanced portfolios or simpler strategies with index funds for long-term growth?
---
Welcome to The Financial Coconut, your source for empowering financial knowledge and unlocking possibilities. Join us as we explore personal finance, investing and more.
Get ready to take control of your financial future and live your best life, financially wise: linkin.bio/thefinancialcoconut
[Podcast, Vodcast]
Spotify: rebrand.ly/TFC-spotify
Apple Podcast: rebrand.ly/TFC-applepodcast
KZbin: rebrand.ly/TFC-youtube
[Connect with us]
Instagram: rebrand.ly/TFC-instagram
Tik Tok: rebrand.ly/TFC-tiktok
Telegram: rebrand.ly/TFC-telegram
Whatsapp: rebrand.ly/TFC-Whatsapp-channel
Newsletter: rebrand.ly/TFC-Newsletter
Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.

[@BoonTee]

Superb sharing! Reggie please bring more guest like Ashok to the show!

[@Nuketay9447]

The closing was good! We have one life , we owe it to ourselves to live a good life.

[@TheFinancialCoconutTFC]

Indeed! N it’s said with such depth and not a frivolous YOLO moment.

[@1case100]

An honest and humble interviewee. Thank you for the sharing.

[@TheFinancialCoconutTFC]

It is indeed refreshing when someone shared with such level of candour :)

[@engjoo]

Very good sharing. Thank you!

[@samueltay9016]

Great sharing with lots of useful insights! Thanks for bringing him on :)

[@leanne2330]

Very enjoyable and useful tips for me. Thank you for sharing.

[@TheFinancialCoconutTFC]

We are glad you found it useful and enjoyable :) it’s hard doing insightful content in a sufficiently entertaining manner 😅

[@MrBluehorizonsugar]

Low stress high pressure. Love it

[@lengtian]

I like that part that informed your reporting supervisor about the retirement from the company

[@TheFinancialCoconutTFC]

Is that the plan? Haha 😆

[@150Maweek]

Very humble man. Enjoyed the interview thoroughly!

[@TheFinancialCoconutTFC]

Glad you did! He is indeed insightful and Centred

[@user-iz2hz2sh6g]

Superb sharing by Ashok. Thoroughly enjoyed the entire segment. Thanks to Ashok and TFC.

[@TheFinancialCoconutTFC]

Glad you liked it! 😎👍🏻

[@MsCorydorus]

Good Interview. Quality content. Is about Life not just climbing corporate ladder.

[@TheFinancialCoconutTFC]

Glad you love it! Like share subscribe eh haha 😆

[@superconnie5003]

very good

[@georgetang3489]

good insight..well done

[@TheFinancialCoconutTFC]

Thank you 😊

[@jaslinchua7818]

wonderful sharing..

[@TheFinancialCoconutTFC]

Glad you found it good 😊

[@ThinkForwardInvestor]

Nice sharing! Enjoyed the interview and ideas resonated with me.

[@TheFinancialCoconutTFC]

Glad you enjoyed it! And indeed Ashok shared some really good ideas

[@poorpotato7623]

Spend my retired time listening to your podcast

[@TheFinancialCoconutTFC]

Glad you did! Join us for the next event? :)

[@poorpotato7623]

@@TheFinancialCoconutTFC nothing else to do with my life so why not haha

[@KG-zq7jf]

Another good interview. The interviewee provided very good, commonsensical answers that are wise and useful. Thank you.

[@TheFinancialCoconutTFC]

😎👍🏻

[@KG-zq7jf]

I like Catan Settlers.

[@glennchua6574]

Loved this episode. Can see why he was in risk management in private equity haha

[@TheFinancialCoconutTFC]

Haha 😆 I mean… we should find comfort in the quality of GIC people? Haha 😆

[@glennchua6574]

@@TheFinancialCoconutTFC Hahaha I think so.

[@TheFinancialCoconutTFC]

😆😅👍🏻

[@honsinglee4985]

Let me say the obvious. No matter what the mic stand brand may be, it is ugly and would not prevent vibrations from the table. Perhaps the mic stand is used wrongly. Pls do not embarrass the speaker and future guests with such an ugly mic stand.

[@MrBluehorizonsugar]

sponsor？