Luckily, I didn’t exposed to the idea of financial freedom when I started working after university. My passion was teaching /education. When my wife was dabbling in stock market, I refused to play share because I believed to give my time to education of students! When we wanted to rent out walk-up apartment, the housing agent was not very efficient, so my wife and l attended a workshop conducted by a real estate agency. My wife became a very efficient housing agent! But I continued teaching as it is my passion! I had been teaching for more than 40 years before retirement! My wife has been a housing agent for more than 30 years! because that is her passion.
This couple is not convincing at all based on my experience. They just bring the audience to go merry-go-round. Just another self-professed “financial gurus” trying to market themselves and believe me there are many of them during this tough market situation today. Thank you!
@@corporatebreakoutcouple , Humanity is the real wealth. Every single thing you gotten while here WILL REMAIN here. Only humanity will go with you to your next life. God is not interested to know how many millions you’ve made.
Glad I came across this video! The sharing are very informative. Both of you are so down to earth! End of the day is to have a good plan for retirement and not giving up! Most of us work for survival for self & family. Truly agree we should have a balance life and living our life with purpose & meaning! TQ
This couple is not on early retirement at all. They are full force too busy making videos, editing and attending interviews to promote their own courses. In almost every other videos they are promoting their courses so what kind of early retirement is this? Simply carrying the banner of early retirement and still working hard on promoting own courses and TH-cam’s channel. Sounds to me it’s another great career, absolutely not early retirement
very interesting discussion from this corporate breakout couple. I thought the 1hr 15 mins is long but I ended up watching the entire video. I have also gone through the rat race in corporate Singapore for a couple of decades and I totally concur with what this couple has said about living a life outside Spore. Sporeans tend to have a "island" mentality. I totally agree that retirement is not just about sitting around and doing nothing. another good video. Keep it up !
But they don't have to worry about accommodation. There stay at Fran's house. Plus they have no kids. How many people with kids can actually quit the jobs and live in Penang? At the very least a regular couple will need to wait for kids to be independent. Then what about grandkids? Does your whole network or extended family also move to Penang? I dunno how many can do this. 😢
most people should stop at when they said they had a networth of over 2million in 2020. they arent your average couple. they do have high earning power to begin with. make sure you get that as a priority first before making the effort to learn investing. earned income > invested income
I like the part where comparison was made between Penang/Malaysia and Singapore. And I agree with John. Comparing the two cities, life in Singapore is like cycling down the street from point a to point b with a bicycle. You focus on what’s ahead of you most of the time and get to the destination faster but you miss out on appreciating what’s around you if you’d had walked instead. IMO, Singapore’s pace is too fast. It’s good for its development and economy. But not good for the people’s mind and soul. Trust me, mental health is going to be an issue here in Singapore if it continues the way it is.
Thank you for exploring and explaining "beyond FIRE". Appreciate the shared life philosophies above financial techniques. Key learning points: * FIRE is not an endpoint. * need to keep growing after FIRE (keep growing income). * need to "pay" for education in markets (by losing small money) * Enjoying countries and new places properly. * that there is another life other than Singapore, * focus on health and keeping fit (from a fairly young age). * finding purpose in life. * "are you living life?" . Looking at our parents and grandparents (and learning).. * reflecting on tech & social changes in the world that affects our lifestyles & retirement. * money flows in and out. * money is temporarily in our custody. * think outside the box.. to help the world that is in pain.
Hi Reggie, for this episode, this couple does not sound like they are in Fire ... sounded they want to get air time on your show ,, at least Hossan is more truthful ... and more honest and sincere when you covered his interview... I enjoyed your interview with Hossan ...
Appreciate this amazing couple, Fran and John, for their candid sharing and great sense of humor (especially Fran). A lot of great advice, eye-opening facts and personal recounts of their failures & successes. Their insights are so encouraging and practical. They don't hold back on their sharing-so authentic and genuine. Thank you guys!🫡
Your TH-cam channel is amazing! The content you create is instructive and informative, The production quality, creativity, and passion you put into your videos are evident in every frame. you are keeping me hooked with every video. Keep up the fantastic work, you're doing a fantastic job! 😊👍
A very frank & useful discussion. Could have given a better time context to the early retirement dream by telling the audience how old the cou0l is now and at what age did they attain FIRE.
Watched through the whole interview. Whole feeling is they are putting down Singapore and salaried workers. I don’t think you have to belittle others to justify your own actions.
Thanks for Sharing how you feel. I think we are all just trying to make it work, they need a narrative in their heads to keep them going. You do not need to agree with them and that is perfectly fine 👌🏼 as fellow Singaporeans I think we can all agree that Singaporean working professionals work dam hard 😅 good or not that is a different discussion
After declining for four decades, do you think we have seen the high in interest rates (and the high in inflation) for the next four decades after bouncing off the low since 2021?
I managed to listen 8/10 of the way. I appreciate the sharing. But I sort of am disappointed with the way that they explain the 4% rate or some 4% rate that equity returns earned. If it is based on the same safe withdrawal rate, it is rather robust. Probably more robust than depending on 3 properties in 3 different regions. It does not mean that it does not have cash flow. In properties, you can have periods where you don't have cash flow as well. Imagine a scenario where that 4% actually tested through which is a Singapore and Malaysia great depression. That 4% survived that kind of scenario. The question is whether the properties today will survive that scenario. We don't know. but I hazard to guess getting a market rate rental, and then being employed together (based on their plan) can be rather challenging.
Don’t understand, seems complicated, sounds like risky biz, could loose my socks off. Sounds like what the bankers are saying, I bought into it, never heard from them again and never made $$, n they made a 2 to 5 percent sales charge off me. Sucks, the problem is, they never have an interest in the clients😢😮
Definitely not retirement. Financial Freedom might be since live in Malaysia make dollar stretch longer. So far they didn't say what is their Net Worth to be able to achieve "retirement". Sorry, kinda misleading or confusion.
@@TheFinancialCoconutTFC good content though. Always refreshing to watch content of different perspectives. THANK YOU and I look forward to more episodes!
Well, at least they read the book and remember a portion of it. Pick bits and pieces that work for them. There will always be the next conman coming into the scene.
Noteworthy. the late Lee Kuan Yew had many Predatory Bad Habits & Racist Policies… ie. Land Grab, Marginalising & Oppressing SG Muslims, Ruthlessly Destroying not only Political Adversaries but also Influential People, Families & even Communities etc … These sanitised in History Books & never thought in Schools …LKY’s Bad Habits are PAP Government Policies… 😊
Noteworthy. the late Lee Kuan Yew had many Predatory Bad Habits & Racist Policies… ie. Land Grab, Marginalising & Oppressing SG Muslims, Ruthlessly Destroying not only Political Adversaries but also Influential People, Families & even Communities etc … These sanitised in History Books & never thought in Schools …LKY’s Bad Habits are PAP Government Policies… 😊
Feel free to watch one of our videos where we interviewed this Singaporean couple with 2 kids who also retired early in their 40s when their kids were schooling age
The context is having kids in singapore city. Retiring early with passive income while raising kids in sg is not impossible, but it’s gonna be tough and scary.
No kids can retire early in Png. Is yr life complete without experience of having kids? 😂 infact, financially secured folks dont focus on making more money. Its emotionally draining to keep thinking making more and more😂
Most Singaporeans are able to “retire” once their HDB MOP is met, but only to neighbouring countries. My 5-room flat market rental is about $4-5k. My mortgage is about $1.5k. My nett profit say after maintenance and tax is about $3k. If I move to Penang, that converts to RM10.5k which comfortably puts me in the upper middle income bracket. 😂😂
![Ways to FIRE: Real Stories from Middle-Class Corporate Professionals [Chills 163 ft Matthew & Tony]](http://i.ytimg.com/vi/Iv9vJu95X80/mqdefault.jpg)
![Ways to FIRE: Real Stories from Middle-Class Corporate Professionals [Chills 163 ft Matthew & Tony]](/img/tr.png)
![Should you still top up CPF with Cash after all the latest changes? [Chills165 Ft @1m65 Founder]](/img/n.gif)
Luckily, I didn’t exposed to the idea of financial freedom when I started working after university. My passion was teaching /education. When my wife was dabbling in stock market, I refused to play share because I believed to give my time to education of students! When we wanted to rent out walk-up apartment, the housing agent was not very efficient, so my wife and l attended a workshop conducted by a real estate agency. My wife became a very efficient housing agent! But I continued teaching as it is my passion! I had been teaching for more than 40 years before retirement! My wife has been a housing agent for more than 30 years! because that is her passion.
Thank you for featuring us and letting us share our story!
We thoroughly enjoyed the session with you guys ❤
Thanks for sharing and for coffee! Haha Penang is a lovely place
@@TheFinancialCoconutTFC see you soon!
Confiscate her msia passport :)
@@apabilamama 😜
This couple is not convincing at all based on my experience. They just bring the audience to go merry-go-round. Just another self-professed “financial gurus” trying to market themselves and believe me there are many of them during this tough market situation today. Thank you!
It’s really nice to see this couple having to retain their full humanity in the midst of becoming financially free.
Thank you for the kind words
@@corporatebreakoutcouple , Humanity is the real wealth. Every single thing you gotten while here WILL REMAIN here. Only humanity will go with you to your next life. God is not interested to know how many millions you’ve made.
@@64ytb amen to that
Great episode, thoroughly enjoyed listening to it! 👍🏼
Through experiments,
the outer life advances.
Through experiences,
the inner life discovers. ~ Enlightened master Sri Chinmoy.
Glad I came across this video! The sharing are very informative. Both of you are so down to earth!
End of the day is to have a good plan for retirement and not giving up! Most of us work for survival for self & family. Truly agree we should have a balance life and living our life with purpose & meaning! TQ
This couple is not on early retirement at all. They are full force too busy making videos, editing and attending interviews to promote their own courses. In almost every other videos they are promoting their courses so what kind of early retirement is this? Simply carrying the banner of early retirement and still working hard on promoting own courses and TH-cam’s channel. Sounds to me it’s another great career, absolutely not early retirement
errrr
Seems like they are just trying to make money in a different way? Selling courses is very lucrative 😅
So much talk. Little essence to learn from if you want to make it in F n B.
Ya. They sound like they need the money. Not retired at all
I am definitely more retired and more financial free than them… 😊
very interesting discussion from this corporate breakout couple. I thought the 1hr 15 mins is long but I ended up watching the entire video. I have also gone through the rat race in corporate Singapore for a couple of decades and I totally concur with what this couple has said about living a life outside Spore. Sporeans tend to have a "island" mentality. I totally agree that retirement is not just about sitting around and doing nothing. another good video. Keep it up !
I’m glad you enjoyed something this long haha 😆
But they don't have to worry about accommodation. There stay at Fran's house. Plus they have no kids. How many people with kids can actually quit the jobs and live in Penang? At the very least a regular couple will need to wait for kids to be independent. Then what about grandkids? Does your whole network or extended family also move to Penang? I dunno how many can do this. 😢
We are bringing on young parents, soon k :)
They do not have children. SO THEY CAN CONCENTRATE ON THEIR PERSONAL VISION
most people should stop at when they said they had a networth of over 2million in 2020. they arent your average couple. they do have high earning power to begin with. make sure you get that as a priority first before making the effort to learn investing. earned income > invested income
Great job discerning the information 👍🏻
I like the part where comparison was made between Penang/Malaysia and Singapore. And I agree with John.
Comparing the two cities, life in Singapore is like cycling down the street from point a to point b with a bicycle. You focus on what’s ahead of you most of the time and get to the destination faster but you miss out on appreciating what’s around you if you’d had walked instead.
IMO, Singapore’s pace is too fast. It’s good for its development and economy. But not good for the people’s mind and soul. Trust me, mental health is going to be an issue here in Singapore if it continues the way it is.
Can't agree more ...thank you for saying it so well.
Thank you for exploring and explaining "beyond FIRE". Appreciate the shared life philosophies above financial techniques. Key learning points: * FIRE is not an endpoint. * need to keep growing after FIRE (keep growing income). * need to "pay" for education in markets (by losing small money) * Enjoying countries and new places properly. * that there is another life other than Singapore, * focus on health and keeping fit (from a fairly young age). * finding purpose in life. * "are you living life?" . Looking at our parents and grandparents (and learning).. * reflecting on tech & social changes in the world that affects our lifestyles & retirement. * money flows in and out. * money is temporarily in our custody. * think outside the box.. to help the world that is in pain.
Hi Reggie, for this episode, this couple does not sound like they are in Fire ... sounded they want to get air time on your show ,, at least Hossan is more truthful ... and more honest and sincere when you covered his interview... I enjoyed your interview with Hossan ...
😅😅😅 next time got chance, come for our events and ask them directly haha 😆
But yes thanks for loving the content!
Was waiting for the gems of surviving and thriving in the food biz. They did not exist.
Appreciate this amazing couple, Fran and John, for their candid sharing and great sense of humor (especially Fran). A lot of great advice, eye-opening facts and personal recounts of their failures & successes. Their insights are so encouraging and practical. They don't hold back on their sharing-so authentic and genuine. Thank you guys!🫡
😎👌🏻
Your TH-cam channel is amazing! The content you create is instructive and informative, The production quality, creativity, and passion you put into your videos are evident in every frame. you are keeping me hooked with every video. Keep up the fantastic work, you're doing a fantastic job! 😊👍
A very frank & useful discussion. Could have given a better time context to the early retirement dream by telling the audience how old the cou0l is now and at what age did they attain FIRE.
Thank you
Watched through the whole interview. Whole feeling is they are putting down Singapore and salaried workers. I don’t think you have to belittle others to justify your own actions.
Thanks for Sharing how you feel. I think we are all just trying to make it work, they need a narrative in their heads to keep them going. You do not need to agree with them and that is perfectly fine 👌🏼 as fellow Singaporeans I think we can all agree that Singaporean working professionals work dam hard 😅 good or not that is a different discussion
After declining for four decades, do you think we have seen the high in interest rates (and the high in inflation) for the next four decades after bouncing off the low since 2021?
danang/hoi an may be cheaper than penang slightly tbh having just travelled to both cities
Sure 👌🏼 let’s see what fun stuff we can create
Could i know what is their TH-cam channel or is there any link. Tks a lot
youtube.com/@corporatebreakoutcouple?si=3ydCEB4MVbZWg5oK
Motivational talk from 41:00
🤣🤣🤣 indeed.
Heelo! Understand that you both earn in SGD and USD, do you guys have to pay tax to Msia gov as well?
Since we do not work in Malaysia, we do not pay income tax in Malaysia
I managed to listen 8/10 of the way. I appreciate the sharing.
But I sort of am disappointed with the way that they explain the 4% rate or some 4% rate that equity returns earned. If it is based on the same safe withdrawal rate, it is rather robust. Probably more robust than depending on 3 properties in 3 different regions. It does not mean that it does not have cash flow. In properties, you can have periods where you don't have cash flow as well.
Imagine a scenario where that 4% actually tested through which is a Singapore and Malaysia great depression. That 4% survived that kind of scenario. The question is whether the properties today will survive that scenario. We don't know. but I hazard to guess getting a market rate rental, and then being employed together (based on their plan) can be rather challenging.
Thanks for sharing your views! Appreciate it :)
Not enjoying this interview at all. It is promoting the couple business.
Yes the mention of Kiyosaki… means they are quite ignorant
Don’t understand, seems complicated, sounds like risky biz, could loose my socks off. Sounds like what the bankers are saying, I bought into it, never heard from them again and never made $$, n they made a 2 to 5 percent sales charge off me. Sucks, the problem is, they never have an interest in the clients😢😮
17:30 invest into ourselves
sell cash secured puts
To be clear this is a highly speculative tool and should not be seen as a safe and easy strategy for everyone
Seems like things in Malaysia are more rush then in Singapore.. they speak so rushed..
Definitely not retirement. Financial Freedom might be since live in Malaysia make dollar stretch longer. So far they didn't say what is their Net Worth to be able to achieve
"retirement". Sorry, kinda misleading or confusion.
They did say their portfolio is about 2M at the start of their journey in 2020.
Where is this cafe? : D
Priorities haha 😆 maps.app.goo.gl/vgGTz58yYL5XHiJN8?g_st=ic here!
Yolk in Penang 😂
All sounds right, but I don't know why that I don't quite like this couple. Sorry!
😅 vibe is off eh haha 😆 don’t be sorry we all vibe with different people it is very human
@@TheFinancialCoconutTFC good content though. Always refreshing to watch content of different perspectives. THANK YOU and I look forward to more episodes!
They lost me and lost all credibility when they mentioned Robert Kiyosaki - the old conman who is still selling his fictional book.
I made some money listening to Robert’s advice actually. And I’m a financial idiot.
Well, at least they read the book and remember a portion of it. Pick bits and pieces that work for them. There will always be the next conman coming into the scene.
They Fell into the PAP’s Hemsters Wheel Trap .. 😂
Noteworthy. the late Lee Kuan Yew had many Predatory Bad Habits & Racist Policies… ie. Land Grab, Marginalising & Oppressing SG Muslims, Ruthlessly Destroying not only Political Adversaries but also Influential People, Families & even Communities etc … These sanitised in History Books & never thought in Schools …LKY’s Bad Habits are PAP Government Policies… 😊
Noteworthy. the late Lee Kuan Yew had many Predatory Bad Habits & Racist Policies… ie. Land Grab, Marginalising & Oppressing SG Muslims, Ruthlessly Destroying not only Political Adversaries but also Influential People, Families & even Communities etc … These sanitised in History Books & never thought in Schools …LKY’s Bad Habits are PAP Government Policies… 😊
Run away from Singapore to stay free😅
Its easy to retire young when you don't have kids
Feel free to watch one of our videos where we interviewed this Singaporean couple with 2 kids who also retired early in their 40s when their kids were schooling age
Very fair statement
I would say it is easy to retire young when both husband and wife have the same goal.
@@chiaweinam yes, definitely the couple need to have the same goal and vision and work together as a team
The context is having kids in singapore city. Retiring early with passive income while raising kids in sg is not impossible, but it’s gonna be tough and scary.
They got children or not
in summary, arbitrage
Driving BMs and living in condo's at age 25 or 35 and you think that life is good. Most of you are broke with bank debts. Buy with cash.
No kids can retire early in Png. Is yr life complete without experience of having kids? 😂 infact, financially secured folks dont focus on making more money. Its emotionally draining to keep thinking making more and more😂
No leh, not draining at all. Being poor is more draining for sure
Most Singaporeans are able to “retire” once their HDB MOP is met, but only to neighbouring countries.
My 5-room flat market rental is about $4-5k. My mortgage is about $1.5k. My nett profit say after maintenance and tax is about $3k.
If I move to Penang, that converts to RM10.5k which comfortably puts me in the upper middle income bracket.
😂😂
Exactly an easy way out 😅👍🏻
Built on 2 assumptions. Continued strength of the SGD and also continued arbitrage between mortgage and rental yield :)
HDB only in recent years, achieved $4-5k. Enjoy while stock last.
Theory is easier than execution… try it, talk is cheap.
@@mattseto-q1i if you want to do it, nothing stopping you except your excuses lol
This couple No kids. of course easy to retire lah
😂every Singapore marry Malaysia and live Happy 😢
😅😅😅 what a conclusion haha