Sunday, March 25, 2007

Own that Ladder and Retire at 30!

Now that's a pretty thought... At 30, early isn't it? Retirement does not necessary means your 80 years old and had

spent the last 50 years of your life in a company. As a matter of fact, retirement means you are through with working!

You just sit around the house watching tv, eating, playing with the kids (grand kids) reading and enjoying life..

(Don't forget to exerice and life a healthy life, ok?) But then again, would you enjoy your life if your 80 and almost one feet on the grave? 'course not!

Retiring at 30 means you are financially established. This way, the things that I mentioned above (living the life stuff) can be achived. The sad thing is, if you're in my age bracket, you're almost 30! And again, if you're like me, there's no way for us to retire at 30 because you feel underpaid, no savings and you're 29! Or worse, you'r way past 30!

Don't worry, if you can't retire at 30, there's still a good chance for our children to make it. All we have to do is teach them how to.

Your kid should know that getting a job will not make him rich. It's very wrong to think, "getting a job" after finishing school will make them rich. This mentality have been program to us ever since childhood. The only way to get rich it to do business. Risky yes, but that's the only way to go. Well, not the only way, but the best way. Like this thing I read somewhere - children should learn to "sit down on the other side of the table". Why climb the corporate ladder when you can own that fre@K!$#ng ladder! :) They's no objection in finishing school and getting a job eventually, but having work or a job while doing a business is a sure way to go!

Always remind your child to retire by thirty. Always encourage them to seek for financial freedom, not just a sense of job security. Everyone's best chance at becoming rich is through owning a successful business.

I'm not there yet, but that's my ultimate goal.

I am currently employed at one of the biggest semiconductor manufacturing company in the world (the underpaid statement above still proves true here). I want to believe I have secure a stable position in the company but I do have a plan to put up several businesses. Like I said, own the ladder! Keep your day job, but mind your own business!

No comments: