Me&MyMoney

Retire at 40 with $20m in liquidity?

Private banker Leon Qiu with his three-year-old son, Jude. To him, the overarching financial objective is to harness various techniques to buy time to spend with the family, and being able to be completely present in the moment with them.
Private banker Leon Qiu with his three-year-old son, Jude. To him, the overarching financial objective is to harness various techniques to buy time to spend with the family, and being able to be completely present in the moment with them.ST PHOTO: ALPHONSUS CHERN

Private banker believes he can achieve this goal by consistently doubling his income annually

Private banker Leon Qiu picked up his first lessons in managing finance from his parents, who had wildly different spending habits.

His late father Tony Yeow Park Swee was "irrationally generous" while his mother was the prudent one, he says.

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A version of this article appeared in the print edition of The Sunday Times on March 24, 2019, with the headline 'Retire at 40 with $20m in liquidity?'. Print Edition | Subscribe