Only freedom will do

Karmacat

:j:j:j there's a lot of good news in that there post, congratulations!

Goldiegirl

slowlyfading wrote: »

I very much lurk on that thread, as I fear that with my limited income and funds, my early retirement dream will just be laughed at

I think that the thread needs all sorts of people on it, otherwise it'll turn (even more) into a rich person's enclave. If us normal people post, it'll encourage other people like us to post as well

Karmacat wrote: »

Heavens! This is a big discussion I've been missing I don't post on the pensions thread, really, because I'd probably get laughed at, with the amount of money I'm retiring on.

1. I have my house.
2. I have the French investment apartment (only owe c£15k on it, but it will give no income, and I'm not selling it until I'm out of the pay-us-the-VAT-we exempted-you-from years.
3. I'll probably inherit some money from my mum, though these days, with care home fees being what they are, there are no guarantees. £60k?
4. I have £mumble mumble (oh good grief, I'm embarrassed at how little - more than £100k, less than £200k ).
5. Of course, I'm not retiring from paid work just from therapy work. I intend to make my writing pay, advertising too - since Adwords don't seem to think my all-original cat website is original enough :eek: I've just found another way of getting adverts onto a wordpress site I shall therefore become a millionaire in short order - counting the house, I'm more than halfway there

Sorry if this is TMI, Ed! But I'm betting these figures, at my age, would have that lot on the pensions thread telling me to put my nose to the grindstone. And my health is more important. I don't want to move to a flat, but I will if I have to. I just heard of a houseboat in a marina for £52k, I'd happily do that

There are ways but I do need to read up on the pensions board

Save

It sounds like you are doing fine KC - compared to me, I don't have a second property or any prospect of inheritance, so you have assets behind you:)

Like I said to SF, I think that thread needs more normal people posting on it - go for it, I'll stick up for you!:rotfl:

Goldiegirl

edinburgher wrote: »

• Extra fortnight of leave approved
• £51.54 paid off 0% CC 3/4
• £1.36 OPed (just to confound my own expectations)

Have started saving up for our 10th wedding anniversary (5 years time). Now that's planning... :rotfl:

Well done on the additional leave - when I 'bought' extra holiday, it made a very positive impact on my work / life balance.

LadyGnome

Sounds like progress is being made Ed.

Well done on the significant OP:D

edinburgher

Bluefire wrote: »

Glad to see I'm not the only one who plans so far ahead! Ours is in 6 years and hopefully we'll be re-visiting our honeymoon in Florida again.

Either Zakynthos + New York or New York for us (also re-visiting a honeymoon, possibly with 2 children (no, that's not an announcement!))

Goldiegirl wrote: »

Well done on the additional leave - when I 'bought' extra holiday, it made a very positive impact on my work / life balance.

Well, maybe this will happen next year, this year it will just make a positive impact on my work/oh Lord - when do I get to stop decorating? balance :eek:

LadyGnome wrote: »

Sounds like progress is being made Ed.

Well done on the significant OP:D

It's a bit like Monty Python - 'eve-reee OP is sacred' :rotfl:

mrsp1987

Phew just caught up with all this. You guys are so impressive.
Currently aiming to be MF be 42 (13 years from now). I am aware of my pension but not sure how seriously I take it. I've joined the work one at 5% plus 6% employer contributions but as I'm p/t it isn't a huge amount of money. Also have £3k in my @sda one which I need to move over if I can.
Might pop over to the pension thread and see what everyone says whilst keeping quiet in the wings

Karmacat

Goldiegirl wrote: »

It sounds like you are doing fine KC - compared to me, I don't have a second property or any prospect of inheritance, so you have assets behind you:)

Like I said to SF, I think that thread needs more normal people posting on it - go for it, I'll stick up for you!:rotfl:

Awww thank you :kisses3: I tend to go with friendly atmosphere, not confrontation, but if I see you or Ed post, I'll know I can stick my two'pennorth in, if I have anything useful to say.

PS - the whole family is surprised that the current elderly generation have anything to leave us - seems very odd that they can do more than cover the cost of their funeral, which was the hope when I was little, though by the time I was a teenager, they were hoping for more than that.

Save
Save

edinburgher

Lists, lists, lists. Very tired this morning, DD up throughout the night (and a wee bit clingy when dropped off at SIL's, think she's out of sorts after her jags).

House

• TV mounted on wall again after decorating (4 coats of white!) Looks brilliant and is significantly less tempting for DD now)
• Used a chisel, hammer and crowbar to pry off some of the unsightly beading around our skirting boards. It will sound like a small thing, but this gains us 3" across/along the room! :j
• Processed 2 loads of laundry
• Tidied the kitchen and made dinner (may not sound like much of an achievement, but we've been eating far too much takeaway of late!)

Finances

• £51.02 paid off 0% CC 3/4
• £5 added to savings
• £1.48 OPed

Giving serious :think: over investing a few thousand £ in a FTSE all share tracker, things have been dropping rather quickly of late. Not sure if this is a 'sensible' punt, or silly.

slowlyfading

edinburgher wrote: »

Giving serious :think: over investing a few thousand £ in a FTSE all share tracker, things have been dropping rather quickly of late. Not sure if this is a 'sensible' punt, or silly.

The shares I've got in my watch list are all massively down, I'm tempted to buy some of them as they're all at their year lows, but don't know if this is the bottom or not yet.

Which FTSE tracker are you looking at?

edinburgher

Vanguard FTSE All Share Index Fund Acc - 0.08% TER, down 7% in the space of a week or two...

My gut feel (and it usually serves me right) is that we've further to fall, but that we not be falling for long. If you're buying for yield, some companies are at fantastically low P/E ratios, some definite buys if you have done your due dilligence as to whether or not their yields look sustainable.