Key Facts
• Ruth Ang and Luc Maurice retired early in 2016 through real estate investments.
• The couple, from Singapore and Canada, met in their 30s and built careers in Shanghai.
• They transitioned to mutual funds in 2022 to reduce time spent on property renovations.
• Their annual budget allocates 40% to Phuket, Thailand, and the rest to travel.
• They own five properties purchased, renovated, and sold in China and South Africa.
• Both earned six-figure incomes in their 30s and 40s, enabling debt-free property purchases.
• They spend October to March in Phuket and summers in Quebec, Canada.
• Hobbies include literature, sports, and golf, with Luc dedicating 20+ hours weekly to Ironman coaching.
• The couple credits their child-free lifestyle for achieving financial independence.
• They view hobbies as second careers, with plans for writing and competitive sports.
Summary
Ruth Ang and Luc Maurice, a couple in their 50s, achieved financial independence and early retirement (FIRE) in 2016 through real estate investments. Originally from Singapore and Canada, they built successful careers in Shanghai before retiring to split their time between Phuket, Thailand, and Quebec, Canada. In 2022, they shifted their investment strategy from real estate to mutual funds, prioritizing time efficiency and liquidity. Their annual budget is divided between living in Phuket and traveling to other destinations. The couple emphasizes hobbies as second careers, with Ruth focusing on literature and Luc on sports, including Ironman coaching. Their child-free lifestyle and disciplined financial planning were key to their success.
