£170000 in 10 years

try_harder

Thank you so much tattycath and Kittenkirst for your words of encouragement .

Busy_Mee1

Hi Try Harder. I am loving your figures, you are doing amazingly well and I am absolutely sure you will hit your £20k target by 31 December. That will be a great New Year's Eve celebration !

With regard to how much money you need for retirement, all I have done is worked out what my outgoings will be - Gas/Electric/water etc (hopefully no mortgage payment), food, petrol etc and come up with a sum that I need to cover every day living ( basically just do a budget ) with a little extra for fun money !

You then need to look at what you will have coming in. I think you have said that you don't have any private pensions, but presumably you will both be entitled to State Retirement Pension. It might be worth getting a pension forcast and also checking what age this will be payable from ( it varies). Try having a look on Gov.Uk.

Have a great weekend : )

try_harder

WEEK 29 DAY 1
Savings last week £13,808.53 plus £230.15 this week TOTAL £14038.66 and with seventeen more days to go until the end of the month i am hoping to reach £14,500.
I reached my £70 a week selling target and surpassed it ,just goes to show what lots of listing can do .
Food budget has not been so good this week ,im not really sure what went wrong but will draw a line under it and start afresh today .Millionaire challenge -One large item is going into a shop and i will pay a percentage of what it makes to the shop and hopefully get back what i paid for it and extra ,that needs to be taken in this week other than that no sales so our pension pot looks very sad sitting at around £830 ,i need to relist the other things i have in the challenge and maybe lower the price to what i paid for the items in order to recoup the money and find something else to buy ,this happens sometimes that i buy the wrong things but as long as i get my original price back its not a problem.
I have started another new venture and opened a shop on ebax i am really excited about this and have been buying and listing all week i havent decided where this money will go yet and i have sold 5 items already so i am very pleased with that i might call this my new house pot as i would love a cottage at some point so this might be the incentive .

try_harder

Good Morning Busy Mee1 i was just thinking about you i am so pleased to see you .Thank you as always ,you are so positive and that helps me so much and motivates me .
With regards to our pension that was my line of thinking so thank you ,im a long way short of it with around £830 in the bank which would give us an income of £8.30 a year but luckily we have around 12 years left until he retires so 12 years to work on the Millionaire challenge and hopefully up the amount slightly .I did the calculations online for the state pensions for both of us and i was pleasantly surprised but of course it will depend on how things stand in 12 years time when my husband retires at 67 and what happens to the state pension over those intervening years.
I hope you will have a lovely weekend too its not sunny at all here today but i hope it is where you are and that you can sit in your garden on your sofa and enjoy you work so hard .

Busy_Mee1

Over £14k :j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j

Well done that is a great achievement. The Eb@y shop sounds fab too :T

try_harder

Thank you Busy Busy Mee1 as always

daisy_1571

Th you are doing great, lovely to read all those figures, looks like you will be well on course to reach (and surpass) your ever increasing targets,

Well done

Daisy xx

try_harder

daisy 1571 how strange that you always seem to know when i am feeling low and come along to cheer me up .The numbers are going great but i am not feeling so good lately i have an ongoing health problem and it has been bad the last few days so all enthusiasm for money saving has been sidetracked im afraid .Thank you though daisy i had been wondering where you were.

Busy_Mee1

Hi Try Harder - sorry to hear you have not been feeling well. Sending you a virtual hug.

Hope you are feeling better soon x

themadvix

Hey TH, it's been a while - hope everything's okay?