Enough money to retire at 26?

Lavandula_Rosemary

littlegreenparrot wrote: »

If your in that amazing position, have a plan. .

But he's not really in that position...only in his head. Go and have a look at some of the other threads he has started. They are hilarious. He really has no clue about living in the real world..26? My 6 year old knows more about real life.

System

thanks parrot, I agree that a part time job which I enjoy would be a very happy life

littlegreenparrot

Generally I give people the benefit of the doubt.

But apart from the OP's particular circumstances I think it's an interesting idea. My 10 year plan involves (hopefully) getting into a position where I don't have to work full time.

redcard

Go and and get some leaflets delivered! Deliver 10 million by lunchtime and you'll be well on your way to your first £10K!

moneyistooshorttomention

berbastrike wrote: »

The £300k will rise with inflation though in the bank.

Saving interest rate = inflation rate

Interest will likely be less than inflation and probably a lot less at that.

Then, of course, is the Worst Case Scenario, ie a possible bank bail-in, and with that level of savings the Government wouldn't be able to resist trying to steal a large chunk of them towards that if/when it happens.

jackel

Thankyou all for an afternoon of entertainment - enjoyed all your opinions which have given much room for thought. Think I'll keep my opinions to myself though. jac.xx

IndigoGirl

Who needs a TV with entertainment like this? :rotfl::rotfl::rotfl:

sthrax

You could always move to Chiang Mai or somewhere like that. You can live very well off a few hundred quid a month.

pinpin

might be a bit boring, but it's gotta beat having to get up each morning and go to work and slave your life away!!!

cheerfulness4

What an interesting thread. I've not read it all but got the gist. I think you're underestimating women if you think that none would consider that alternative lifestyle. I agree with the pinpin.


While I think there are things you need to relook at in your budget as mentioned, you could easily rework those. You seem intelligent enough.


If you're happy with the very basics, don't care for position and status of careers and are not interested in more material things then more power to you. I quite envy and admire you.


Nothing in life is set in concrete anyway. If one direction turns out to be not so good it is quite possible to change to another, as many have done on these boards.