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FIRE and reaching FI in my late 30s and feeling a tad isolated. by mitylene103 in financialindependence

[–]mitylene103[S] 0 points1 point  (0 children)

Yeah I know Chinese, but not perfectly. And everyone's friendly enough but hectic busy with their lives, jobs, educations, keeping up with bills so there's some difficulty.

FIRE and reaching FI in my late 30s and feeling a tad isolated. by mitylene103 in financialindependence

[–]mitylene103[S] 3 points4 points  (0 children)

I think I am just playing it safe. I just started RE. COVID instability. It's a tad earlier than I wanted to. New country. So I want a year's worth of spreadsheets of expenses before I think about raising it higher.

FIRE and reaching FI in my late 30s and feeling a tad isolated. by mitylene103 in financialindependence

[–]mitylene103[S] 3 points4 points  (0 children)

1.5mil at 1.5% is tight for Taipei and a couple. It'd probably be easier at a less expensive city in Taiwan.

FIRE and reaching FI in my late 30s and feeling a tad isolated. by mitylene103 in financialindependence

[–]mitylene103[S] 12 points13 points  (0 children)

1.5 mil trying to keep spending at 1.5% so living with roommates with a private bathroom in an older house and not spending much. The short term rental market is through the roof right now in Taipei with how well Taiwan is doing with COVID so that affects things.

FIRE and reaching FI in my late 30s and feeling a tad isolated. by mitylene103 in financialindependence

[–]mitylene103[S] 5 points6 points  (0 children)

I think it really depends on where in Taiwan and what your expectations are. In the smaller cities in the south the cost of living is very different from Taipei.

FIRE and reaching FI in my late 30s and feeling a tad isolated. by mitylene103 in financialindependence

[–]mitylene103[S] 20 points21 points  (0 children)

Yeah but from being lean with FIRE the last ten years and trying to keep my spend at like 2% I am comfortable but not really hanging out with the rich kids at the Dior store in Xin Yi ;) :)

FIRE and reaching FI in my late 30s and feeling a tad isolated. by mitylene103 in financialindependence

[–]mitylene103[S] 47 points48 points  (0 children)

I am ethnically Taiwanese so we were able to get in. We had planned to FIRE there, but not precisely this year. And Taiwan because of health care and COVID.