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We are retired with 5 young kids (actually just had a baby this week)
06-17-2017, 07:50 PM
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#1
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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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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06-17-2017, 08:31 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,351
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 Quote:
Originally Posted by Cossack
... My wife and I retired a few years back. We have 5 kids, 10, 8, 7, 4 and a newborn born on Tuesday. ...
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Your doctor can tell you what causes this. 
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06-17-2017, 08:42 PM
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#3
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Haha. Really? I always wondered how it worked 
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06-17-2017, 08:47 PM
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#4
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Recycles dryer sheets
Join Date: Feb 2017
Location: San Antonio
Posts: 179
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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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06-17-2017, 08:49 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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With that many kids I suspect no one is asking you what you do all day...
__________________
Numbers is hard
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06-17-2017, 08:57 PM
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#6
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Actually, I leave it all to my wife (kinda joking).
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06-17-2017, 09:05 PM
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#7
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Quote:
Originally Posted by REWahoo
With that many kids I suspect no one is asking you what you do all day...
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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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06-17-2017, 09:12 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Mar 2017
Location: New York City
Posts: 2,838
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Keep us posted with all the happenings, congrats on the early retirement and the new born
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
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06-17-2017, 09:41 PM
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#9
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Quote:
Originally Posted by Blue Collar Guy
Keep us posted with all the happenings, congrats on the early retirement and the new born
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Will do. Thanks
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06-18-2017, 06:05 AM
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#10
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Dryer sheet wannabe
Join Date: Apr 2017
Location: Tampa
Posts: 21
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Congrat. Are you willing to share your book?
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06-18-2017, 07:49 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Oct 2015
Posts: 2,328
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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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06-18-2017, 11:30 AM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2016
Posts: 9,521
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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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06-18-2017, 01:43 PM
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#13
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Full time employment: Posting here.
Join Date: May 2011
Posts: 873
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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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06-18-2017, 05:16 PM
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#14
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Recycles dryer sheets
Join Date: Nov 2014
Location: Texas
Posts: 164
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Yes please share your book, I would love to read it.
Sent from my iPhone using Early Retirement Forum
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06-18-2017, 05:55 PM
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#15
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Quote:
Originally Posted by cyuanwang
Congrat. Are you willing to share your book?
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I am looking for some beta readers, but not sure if allowed to share that here.
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06-18-2017, 05:56 PM
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#16
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Dryer sheet aficionado
Join Date: Jan 2017
Location: Florida
Posts: 36
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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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06-18-2017, 06:01 PM
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#17
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Quote:
Originally Posted by euro
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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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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06-18-2017, 06:05 PM
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#18
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Quote:
Originally Posted by street
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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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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06-18-2017, 06:10 PM
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#19
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Quote:
Originally Posted by kimcdougc
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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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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06-18-2017, 06:11 PM
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#20
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Dryer sheet wannabe
Join Date: Jun 2017
Location: Brisbane
Posts: 14
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Quote:
Originally Posted by Terryjm51
Yes please share your book, I would love to read it.
Sent from my iPhone using Early Retirement Forum
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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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