Only freedom will do

AlexLK

I've never really considered retirement.

Probably comes as no surprise that I too enjoy champagne and caviar. Mind, I have still got a couple of pairs of shoes I took to university as an undergrad, so must have some MSE tendencies somewhere.

edinburgher

AlexLK wrote: »

I've never really considered retirement.

Well, you don't have a full-time job, do you? :think:

Trying to move my focus from OPs to pensions (OPing my pension, if you will), but the internet is making it difficult. Have tried to pay my account fees and Tilly tidy the balance of my current account twice since yesterday, doesn't seem to be working...

At least the minimum pension payment is £80, so I have a few weeks to figure out what if anything is up and get it sorted.

Karmacat

edinburgher wrote: »

Trying to move my focus from OPs to pensions (OPing my pension, if you will),

You know it makes sense

but the internet is making it difficult. Have tried to pay my account fees and Tilly tidy the balance of my current account twice since yesterday, doesn't seem to be working...

I tried to register online with one of my existing pensions, and it wouldn't let me - they've replied to my email that it was a known glitch, which they *say* they've solved.

All power to your elbow, Ed (or your fingertips, since this is about being online , not chopping wood).

Save

edinburgher

Well, I was able to get my Tilly tidies going to my 'spare' current account, so that's something.

Edit: and I've accidentally paid my ISA fees twice, so they'll probably tell me off for that

SuperSecretSquirrel

edinburgher wrote: »

Also realised today that (assuming a very conservative rate of return), Mrs E and I will be able to live our current lifestyle at state pension age with no further pension contributions. It's not great, but it's something

No plans to work for another 34 years.

Excellent! :money:

Do you mind sharing the calculation? Is it as simple as having today's annual expenditure, minus today's annual state pension amount, divided by 25, in investments?

edinburgher

Not quite that simple SSS (but nearly). It's annual expenditure minus state pension with a FV calculation with an assumed growth of 3% real on our current pots (3x DC pots, 2 SIPPs and a S&S ISA). If anything, I'm lowballing, I also have a DB pension that's worth just over £2,000 from age 65.

gallygirl

edinburgher wrote: »

Also realised today that (assuming a very conservative rate of return), Mrs E and I will be able to live our current lifestyle at state pension age with no further pension contributions. It's not great, but it's something

No plans to work for another 34 years.

Karmacat wrote: »

Ed, that's huge, to be at that stage already, congratulations!

Seconded Ed, that's great :T. Now to bring it down, which is the exciting part

edinburgher

Short day today, got to collect car after (successful) MOT. That doesn't mean much with our mechanic - could be 'just the cost of the MOT', could just as easily be 'passed after £500 of work that I'll not mention until you turn up' :rotfl:

Bank account looking a little lean, dreading the £2,100 of credit card bills coming in a fortnight :eek:

On the positive side, had a couple of P2P referrals

slowlyfading

:eek: to the credit card bills...!

SuperSecretSquirrel

edinburgher wrote: »

could be 'just the cost of the MOT', could just as easily be 'passed after £500 of work that I'll not mention until you turn up' :rotfl:

:eek:

I always insist that no work is done before we've discussed it. Do the test, let me know the result, and if it's a fail, let me know what needs doing, along with a price to get it all done...

Always made sense when I drove bangers - why pay to get the car through the mot when I could just as easily scrap it and buy a replacement for less money... I guess the habit never left me!