How to retire before 40

Mr Chan Jun Hwa and his wife Kamenii Puru, both 34, are now travelling the world for a year with their two young sons after saving about 70 per cent of what they think they would need to retire early.
Mr Chan Jun Hwa and his wife Kamenii Puru, both 34, are now travelling the world for a year with their two young sons after saving about 70 per cent of what they think they would need to retire early.PHOTO: COURTESY OF CHAN JUN HWA

A niche movement championing Fire - financial independence, retire early - is gaining traction. Those who have managed to do so share their strategies.

Early retirement or financial independence may be a dream for many but former corporate finance director Chan Jun Hwa and his wife pretty much managed it by the improbable age of just 34.

The couple saved up about 70 per cent of what they think they would need to retire early and then sold almost everything they owned to travel the world for a year with their two young sons.

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A version of this article appeared in the print edition of The Sunday Times on October 27, 2019, with the headline 'How to retire before 40 '. Print Edition | Subscribe