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Early-retirement wannabe

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  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    Futuristic wrote: »
    As I am the employer I simply make employer contributions every year but not a lot so far but a lot of free cash slowly increasing on each year end so can start `contributing` more into my SIPP


    Its not my area of knowledge but i think there are various things an employer can do that are very tax advantageous might be worth asking here about that.
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    MARINE LIFE WHAT HAS HAPPENED :eek::D:eek:.


    DairyQueen - fabulous, well done :T,
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • ams25
    ams25 Posts: 260 Forumite
    Ninth Anniversary 100 Posts
    What a tease!

    My guess is a false alarm....

    Move on. Nothing see here...

    Or is there.....
  • westv
    westv Posts: 6,459 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Maybe ML made the classic "send to all" email mistake. :D
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Am waiting with baited breath to hear the outcome of the unintentional retirement
  • DairyQueen
    DairyQueen Posts: 1,856 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    :idea:
    Has ML's OH been reading my recent posts?
  • Marine_life
    Marine_life Posts: 1,059 Forumite
    Hung up my suit!
    Sorry for dropping that one in and moving on!

    So let me tell you where my head is at.....

    If you've been following the story you might remember (I am sure I mentioned), that in the year up to June this year I was supposed to be on a wind-down where broadly I would work 25% of roughly one day per week.

    Anyway, that hasn't really played out as over the last six months, I've been working on various mini projects leading up to my official leaving date on 1 July this year which resulted in far more than 25%.
    As of 1 July this year I was offered a new consulting contract to which I was quite attracted as it offered decent money and flexibility to the point where I was working in the office Tues, Wed, Thur and doing bits and pieces from home Monday and Friday but essentially those days also had plenty of free time and - the key point - I was only away from home two nights a week.

    It's a situation that suited me/us well.

    They've now said that flexible arrangement has to stop and they want me in the office. That does not seem to make any sense (as I can do all the things they want remotely) so I said no.
    Its a deal breaker for them so they've now said they will terminate my contract. Caught me off-guard a bit as I didn't expect it. There does not appear any flexibility on their part hence my 'unintentional' comment.

    So where does that leave me/us?
    1. I would like to do the work...
    2. But only if I can do it on my terms
    3. I like the person I'm working for...
    4. But I don't like feeling like I'm being pushed around

    The onus is on me to give ground...
    Money won't buy you happiness....but I have never been in a situation where more money made things worse!
  • Marine_life
    Marine_life Posts: 1,059 Forumite
    Hung up my suit!
    DairyQueen wrote: »
    Do you have a partner ML? If so, how do they feel about your ongoing commitment to work? Is your OH relaxed about your decision of when (if?) to retire?

    I realise I didn't answer this.

    Yes, I have a partner and we've been married a long time. She likes me working flexibly but does not like me being away for long periods so our views are entirely complementary. However, I suspect she also looks at the prospect of me being at home full-time with some trepidation. :D
    Money won't buy you happiness....but I have never been in a situation where more money made things worse!
  • michaels
    michaels Posts: 29,123 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Sorry for dropping that one in and moving on!

    So let me tell you where my head is at.....

    If you've been following the story you might remember (I am sure I mentioned), that in the year up to June this year I was supposed to be on a wind-down where broadly I would work 25% of roughly one day per week.

    Anyway, that hasn't really played out as over the last six months, I've been working on various mini projects leading up to my official leaving date on 1 July this year which resulted in far more than 25%.
    As of 1 July this year I was offered a new consulting contract to which I was quite attracted as it offered decent money and flexibility to the point where I was working in the office Tues, Wed, Thur and doing bits and pieces from home Monday and Friday but essentially those days also had plenty of free time and - the key point - I was only away from home two nights a week.

    It's a situation that suited me/us well.

    They've now said that flexible arrangement has to stop and they want me in the office. That does not seem to make any sense (as I can do all the things they want remotely) so I said no.
    Its a deal breaker for them so they've now said they will terminate my contract. Caught me off-guard a bit as I didn't expect it. There does not appear any flexibility on their part hence my 'unintentional' comment.

    So where does that leave me/us?
    1. I would like to do the work...
    2. But only if I can do it on my terms
    3. I like the person I'm working for...
    4. But I don't like feeling like I'm being pushed around

    The onus is on me to give ground...

    You put zero value on 5 days/week, 4 nights a week away.

    If they put zero value on any other arrangement then it sounds like it is time.....
    I think....
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    However, I suspect she also looks at the prospect of me being at home full-time with some trepidation.

    That is me lol. I dread it, as he just cant stop interfering ;) He wasnt to manage me like he does those who work for him.

    Anyway, you say the guy you work for likes you, so get him onto it?
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