Early-retirement wannabe

michaels

bugslet wrote: »

Indeed, thank you all three!

Apodemus, of the two managers, I know one wouldn't, maybe the other one would want to. It's something that's been at the very back of my mind, I might drag it forward a bit. I suspect that he might not be happy with that big a financial undertaking.

I was approached last year by another company to sell, and upon (expected) renewal of contract next year, I will have a serious think about the implications - and if my main customer would let me.

Another Joe, thank you. I don't earn a huge amount, I keep myself under the 40% bracket, so currently take home about 31k. I'd look at wanting around 25k a year. I have absolutely no idea if I want to travel - I haven't really had a holiday since 1991 and I honestly don't know how to factor that in.

I suspect that if I don't sell next year and I don't think I will, it will be another two years of maximising the pension. I've thought 31.12.19 might be a good finishing date. I know I'd never get back to this position again.

crv, purposeful , that is a good word. I know haulage has a bad rap, but at the end of the day by haulage standards, I know I'm a good boss and it brings me a great deal of pleasure to know that I've provided solid employment - some of my staff have 20+ years in. And if it wasn't for people like me, you wouldn't have your yogurts and your, well everything;).

I suspect that I would start a little business, it's my nature to be busy. I used to volunteer, though as it was transporting dogs to non kill shelters it wasn't exactly sociable:rotfl:.

If I finish work, it will be finish and go. A sale would mean that I would be expected to be around to transition the company.

Thank you all, it's all gets put into the mix and churned around.

Bugs, you would be very welcome to adopt me and my kids if that would help with filling your time

crv1963

michaels wrote: »

Bugs, you would be very welcome to adopt me and my kids if that would help with filling your time

And the humour is not bad either!

bugslet

michaels wrote: »

Bugs, you would be very welcome to adopt me and my kids if that would help with filling your time

crv1963 wrote: »

And the humour is not bad either!

Hmmm, interesting. Would your vast knowledge in money saving matters outweigh the costs of you and your children living in the house. :rotfl: Probably find a nectar card,Amex pointsback card and quidco spreadsheet on my fridge in double quick time!

michaels

bugslet wrote: »

Hmmm, interesting. Would your vast knowledge in money saving matters outweigh the costs of you and your children living in the house. :rotfl: Probably find a nectar card,Amex pointsback card and quidco spreadsheet on my fridge in double quick time!

I was thinking if we used the trucking business to move the kids between their activities it would save me so many hours a week that you would have the best exercised dogs in Britain.

bugslet

michaels wrote: »

I was thinking if we used the trucking business to move the kids between their activities it would save me so many hours a week that you would have the best exercised dogs in Britain.

Or the kids walk the dogs to their activities, thereby getting exercise, saving money on fuel costs and keeping pesky lorries off the road. And after a couple of days of Lola, I promise you they will never ask for a dog of their own.;)

DancingBadger

bugslet wrote: »

And after a couple of days of Lola, I promise you they will never ask for a dog of their own.;)

Lola? She sounds interesting. :cool:

AnotherJoe

bugslet wrote: »

Another Joe, thank you. I don't earn a huge amount, I keep myself under the 40% bracket, so currently take home about 31k. I'd look at wanting around 25k a year. I have absolutely no idea if I want to travel - I haven't really had a holiday since 1991 and I honestly don't know how to factor that in.

I suspect that if I don't sell next year and I don't think I will, it will be another two years of maximising the pension. I've thought 31.12.19 might be a good finishing date. I know I'd never get back to this position again.

.

Since 3.5% of £600k gets you £21k and as well as being under your number, give you no room for safety even if you could drop down, that also says waita couples of years and re-evaluate.

bugslet

DancingBadger wrote: »

Lola? She sounds interesting. :cool:

AnotherJoe wrote: »

Since 3.5% of £600k gets you £21k and as well as being under your number, give you no room for safety even if you could drop down, that also says waita couples of years and re-evaluate.

That's probably what will happen. Unless I decide to sell in which case there would be a few more 100ks in the bank.

gallygirl

DancingBadger wrote: »

Seconded. We’re a bit further west of you - in Yosemite. Amazing place. We’re staying at Big Trees Lodge in Wawona; a step back in time - no TV, no radio, internet available only in the sunroom, and entertainment provided by the resident pianist. Fabulous! 👍

We had a drink there last year- you're right, fabulous place

Enjoy your holiday, Yosemite is beautiful.

justme111

AnotherJoe wrote: »

Since 3.5% of £600k gets you £21k and as well as being under your number, give you no room for safety even if you could drop down, that also says waita couples of years and re-evaluate.

but that is if one does not want to touch the capital. why would she want to keep it ?
bugslet, it looks like you live to work , not other way round. i do not see anything wrong with it per se , as long as one understands the real reasons for one's decisions. Knowing one does a geeat job , being appreciated both emotiinally and financially for it is a pillar of human life. It is up to you to decide whether you want to try to experience another life or you would be happy with this one being the only one you ever knew when the time to die comes.