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We are retired with 5 young kids (actually just had a baby this week)
Old 06-17-2017, 07:50 PM   #1
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We are retired with 5 young kids (actually just had a baby this week)

I am David, 43. My wife and I retired a few years back. We have 5 kids, 10, 8, 7, 4 and a newborn born on Tuesday. We have been able to travel and live in a a few different countries over the years. We were able to retire because we have passive income through property and term deposits. We did have a few businesses, but did not make huge money through them. They were very useful though for paying for expenses that were for both business and personal use and personal tax we needed to pay.

I really want to help people with their finances. I have written a book (not for sale) which is in the beta reading stage. I hope to help people by sharing my experiences and I am sure I will learn from others around here as well.
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Old 06-17-2017, 08:31 PM   #2
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... My wife and I retired a few years back. We have 5 kids, 10, 8, 7, 4 and a newborn born on Tuesday. ...
Your doctor can tell you what causes this.
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Old 06-17-2017, 08:42 PM   #3
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Your doctor can tell you what causes this.
Haha. Really? I always wondered how it worked
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Old 06-17-2017, 08:47 PM   #4
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Congrats on retiring extremely young, although raising 5 kids sounds like a lot of w*rk IMO
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Old 06-17-2017, 08:49 PM   #5
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With that many kids I suspect no one is asking you what you do all day...
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Old 06-17-2017, 08:57 PM   #6
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Congrats on retiring extremely young, although raising 5 kids sounds like a lot of w*rk IMO
Actually, I leave it all to my wife (kinda joking).
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Old 06-17-2017, 09:05 PM   #7
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With that many kids I suspect no one is asking you what you do all day...
I had a guy come up to me a couple of days ago while I was playing with the kids and said that he wanted to do that with his kids (twins to be born next month). This is his second marriage and he has kids that are in their 20s that don't want to have anything to do with him because he neglected them to focus on building wealth. He is really wealthy, but lives with that regret. That's a hard way to learn a lesson. At least I can learn from that as well. I was just playing with the kids! I don't do that enough really.
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Old 06-17-2017, 09:12 PM   #8
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Keep us posted with all the happenings, congrats on the early retirement and the new born
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Old 06-17-2017, 09:41 PM   #9
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Keep us posted with all the happenings, congrats on the early retirement and the new born
Will do. Thanks
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Old 06-18-2017, 06:05 AM   #10
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Congrat. Are you willing to share your book?
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Old 06-18-2017, 07:49 AM   #11
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Congrats on your new addition and your ER. You sound like the right person to write a book on finances!
Welcome to the forum
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Old 06-18-2017, 11:30 AM   #12
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Wow! Interesting life you have. You had and have a plan that is one of the most important things and sounds like you do.

You are very lucky man to have a that big of family. When life ends for us the only real things that goes on is family. You can have all the money in the world but to me family cares on and they are part of you.

Keep us informed and your retirement.
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Old 06-18-2017, 01:43 PM   #13
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Congratulations. You will look back one day and all those times you played with your kids will be I am glad I was able to do that with them. Carries you through your old age.
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Old 06-18-2017, 05:16 PM   #14
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Yes please share your book, I would love to read it.


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Old 06-18-2017, 05:55 PM   #15
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Congrat. Are you willing to share your book?
I am looking for some beta readers, but not sure if allowed to share that here.
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Old 06-18-2017, 05:56 PM   #16
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I have 6 kids (20, 18, 16, 14, 5 & 2). I am 52. I consider myself semi-retired. I would like to be filly retired but my expenses are staggaring. I would be very interested to hear how you make it all work. Are you HNW?
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Old 06-18-2017, 06:01 PM   #17
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Congrats on your new addition and your ER. You sound like the right person to write a book on finances!
Welcome to the forum
Thanks. She is still unnamed, but hopefully we can agree on something in the next couple of days. It has taken a few years to get the book together, hopefully it will be able to help others.
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Old 06-18-2017, 06:05 PM   #18
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Wow! Interesting life you have. You had and have a plan that is one of the most important things and sounds like you do.

You are very lucky man to have a that big of family. When life ends for us the only real things that goes on is family. You can have all the money in the world but to me family cares on and they are part of you.

Keep us informed and your retirement.
Yes, we feel really lucky to have a large family. I didn't think we would have as many as we do, but I can't imagine life without them now (although sometimes...).
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Old 06-18-2017, 06:10 PM   #19
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Congratulations. You will look back one day and all those times you played with your kids will be I am glad I was able to do that with them. Carries you through your old age.
I always enjoy playing with the kids. I just don't make it a plan it as part of the day. Thanks for the advice.
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Old 06-18-2017, 06:11 PM   #20
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Yes please share your book, I would love to read it.


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I am looking for some beta readers, but not sure if I am allowed to share here.
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