Monday 25 June 2018

I want to retire like Kristy Shen

Kristy Shen and husband Bryce Leung strike a funny pose on Twitter
Kristy Shen and husband Bryce Leung strike a funny pose on Twitter
Brendan O'Connor

Brendan O'Connor

Kristy Shen is often referred to as the youngest retiree in Canada. In 2014, aged 31, she retired from her job as a computer engineer. She and her partner had rebelled against the idea of home ownership and instead they took the half a million dollars they had saved to buy a house and invested it instead.

They doubled their money, and now live off the proceeds of their portfolio, surviving on $30,000-$40,000 a year. They travel the world, do volunteer work, and they've published a children's book. Kristy is also a blogger at The Millennial Revolution where she encourages you to stop working and start living.

Kristy also reckons she is saving a lot of money by not working. She doesn't need to commute or buy clothes for the office. And she points out that if you have children, childcare takes a huge chunk of your earnings.

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