"It turns out I was wrong," said Kim. "We have to take care of ourselves." Kim worked at STX Offshore and Shipbuilding, the world's fourth largest shipbuilder, after graduating from Pusan National University in 2008. But soon afterwards, the global financial meltdown hit, and the shipbuilding industry took a body blow. To escape the looming threat of being laid off, Kim started to look for a different job. In 2014, he transferred to SK Chemical. As soon as he settled in there, he realized he had ended up in a dud division. Once again, he was in danger of losing his job. "It was then that I began to plan my early retirement," said Kim. "Life can be pretty precarious and employees can be discarded at any time. I could no longer trust my job to offer me a financially stable life." So, Kim whittled down his expenses and started investing in stocks. Within five years, he raked in 2.1 billion won ($1,781,579) — a fullsome nest egg. Kim left SK Chemical in 2019 and retired at the age of 39. Kim is a vocal adherent of the FIRE Movement, a life philosophy that encourages saving and investing significant amounts… Read full this story
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