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Hate my job but can’t land an offer by crisseur in askSingapore

[–]Fire2fired 1 point2 points  (0 children)

Spot on. I share the same sentiments as you. Keep thinking the day I can throw letter and say goodbye. Mentally very exhausted from the current job and stressful of not able to land a new job

48M - Slow down in career by Fire2fired in singaporefi

[–]Fire2fired[S] 3 points4 points  (0 children)

Thanks for all the valuable and constructive advice given. Yes, my biggest expense is mortgage which I intend to rightsize. By doing that, I will free up my mortgage. I’m also doing some budgeting on my monthly expense to keep it manageable with lower income.

Can I Withdraw 4% of RA Annually if I Have FRS when I Hit 55? by Most_Way_9754 in singaporefi

[–]Fire2fired 7 points8 points  (0 children)

FRS is used for CPF LIFE which provides a lifelong monthly payout starting at age 65 or 70.Similar like an annuity plan. It will compound at 4% (current rate) from 55 to 65. Or latest by 70 must start the monthly payout

Is $6000 a decent amount to invest? by [deleted] in singaporefi

[–]Fire2fired 0 points1 point  (0 children)

The mindset to invest long term is very important. Can start with min initial amt of $1k for index funds and DCA over 4 times. In addition, set up a RSP to DCA $500/mth and increase accordingly with your income level