Chinese-American Software Engineer Retires at 25: His Story of Creating the American Dream

Allen Wong, a Chinese-American software engineer, developed a mobile phone program to listen to police communications shortly after he graduated from college before the age of 25 and announced early retirement, his father smuggled from Guangzhou to Hong Kong in his youth, and he created this American dream for his son.

His father smuggled himself into Hong Kong by swimming. (web image)

Download Yahoo Finance App

US stocks and foreign currencies can be viewed at any time on real-time quotes and news from many countries

Own Linbao and Iron Man armor before age 25

Allen Wong started on the road to wealth, but he did not come from a wealthy family. According to the New York Times, his father wanted a better life for his family in his early years, he made floats out of tennis balls and smuggled them into Hong Kong by ‘ swim from Guangzhou, and then he settled in the United States. Allen Wong recalled that when he was a child in New York City, he saw his parents working hard selling Chinese medicine in Chinatown and others working in sweatshops with harsh conditions in the future. and you only have a few hours a day to spend time with his family.

When he was young, Allen Wong never imagined that he could wear an 85-inch TV, Jacuzzi, rose gold Lamborghini sports car, Iron Man armor, etc. The turning point came after graduating from college that year.

When he was young, Allen Wong never imagined that he could have an 85-inch TV, a jacuzzi, a rose gold Lamborghini sports car, an Iron Man armor that could be worn on his body, etc. . But now his success is attributed to everything. (Youtube: Rego Apps)

Walkie-talkie app goes viral, earning $250,000 a month

In 2008, Allen Wong graduated from UCLA (University of California, Los Angeles), but at the same time, his family suffered major changes after he committed suicide due to depression as a result of being canceled, and his mother suffered from an emotional illness. Immediately, Allen Wong’s work as a young programmer became a financial support for the family, together with the financial tsunami at the time, Allen Wong used to just dream of being rich, but now he has become is an urgent need, and so it has been. they started designing several mobile apps day and night and putting them on the App Store, hoping that one of them would become rich.

God paid off. When he was 25 years old, he spent US$250,000 to buy a green Lamborghini sports car. Allen Wong a month later bought his mother a five-bedroom house, a dog and an annual Disney pass in Florida, and officially announced his retirement at the age of 25.

The New York Times interviewed Allen Wong to reveal his retirement life. (New York Times)

“FIRE” financial management emphasizes frugality

There is a financial management concept called “FIRE” in the United States, which is an abbreviation of Financial Independence Retire Early, which means “financial independence, early retirement.” However, Allen Wong believes that this does not apply to him because FIRE emphasizes frugality, and some people work from nine to nine for many years. According to a study in 2023, a quarter of Americans hope to retire before the age of 50.

After Allen Wong rose to prominence and achieved financial freedom, he shared his story in a post on the “American Continent” Reddit, which sparked a heated debate among FIRE fans. They all changed the successful experience of Allen Wong City. New York. Allen Wong also shares his car collection on YouTube, which includes Maserati, Lamborghini, Tesla and other famous cars However, he made it clear that he does not want to be a Youtuber because “it feels too much as work.

Retiring in your early twenties and thirties may be out of reach for many people. (Getty Images) (Syahrir Maulana via Getty Images)

Life goes by too fast. “How about staying at home?”

Allen Wong, who is now in his thirties, says that his life was passing very quickly the first month of his retirement when he was 25 years old, “Long” while my peers are watching this movie, I’ve already seen it.” “After traveling around the world and experiencing almost everything interesting, I think: Is it better to stay at home?”