(NON FINANCIAL) Retirement plans/ dreams/ discussion.

cfw1994

sheslookinhot said:

Is there a photography thread for future discussions of a photographic nature ?

Sorry: guilty for thread tangent - 'nuff said 

Nebulous2

cfw1994 said:

Nebulous2 said:

bluenose1 said:

Cfw1994 -  according to google if backed up to high quality before 1st June 21wont be included in 15gb limit.
so I assume if I do this I am ok? 

High-quality and express-quality photos and videos backed up before 1 June 2021 won’t count toward your Google Account storage.

Original quality photos and videos will continue to count towards your Google Account storage. Learn more about photo and video backup options.

https://support.google.com/photos/answer/10100180?hl=en-GB

As I understand it - high quality compresses them and is effectively a reduction in quality. A bit of smoke and mirrors in the description from google. It should be fine if that reduction is acceptable to you. 

Well: yes & no - high quality includes photo and video storage for photos up to 16 megapixels and videos up to 1080p resolution (the maximum resolutions for average smartphone users in 2015).   
Pretty well covers all mine to date (been digital from 2000.  My latest iphone (12 Pro - an end of work gift to myself!) has a 12MP sensor, so should still hold true.  Not sure what I'd need to hit some reduction

That's not the case I'm afraid. They compress them anyway, even under 16mp  to save space, and have warned users about a loss of quality. See this for instance: 
https://www.techradar.com/uk/news/google-photos-warns-against-using-its-compressed-high-quality-mode-heres-why

1813

Well in regard to retirement dreams, I have all in all around 18 years of work under my belt. I started at 21, close to hitting 40 which scares me and excites me at the same time. 

I would like to think it may be possible to retire at 60 and I think it could be done in the next 20 years. I don’t have that many pensions, just two small db pensions really in truth. However, I want to try and buy my own house one day and I think that is doable. It won’t be anything grandiose by any means as I am a low earner but a house all the same. I am thinking of investing extra capital but on that road to 60, I am going to keep my eye on ever increasing house prices to make sure my investments keep going at the pace of rising prices.
I work for the NHS and am in their pension scheme so my plan is to maybe take my Civil Service Pension at 60 and my NHS one earlier if possible and if it’s feasible to do so. I think if things stayed the same, there’s no reason why I can’t reach a considerable sum by 60 to be able to finally buy a house and whilst it might be living by certain frugal mean, by 60, that would have been working on and off for 40 years and I think that’s a good return but really I think at the same point, I’m kidding myself and will be in the long haul until 68. That’s not something that appeals to me indefinitely. That is why I have decided by 40, I will start investing more seriously than I have and perhaps should have done but I can’t change the past and I think by 68, with a decent db income, the state and time to build a fund from 60, it should be more than enough. All I care about is having a roof over my head and being able to afford food, at the most basic level, in essence, essentials. 

I think that for now I can only hope my pensions grow as much as possible through the NHS and the Civil Service and that I make regular stock market contributions. I was thinking maybe something along the lines of £200 a month. It’s all I can afford but by 60 and long term investment, the returns may be somewhat decent but the longer I work for the NHS or to be honest, wherever I may be working and continue to build decent investment, I will be in a decent position and to a degree, I think I am on the right track, because if I can’t retire at 60, then definitely at 68 and the good news is time is on my side unless something drastic happened to those pensions in the intervening years.
I think in my ideal retirement, I’d just like to do what most others do. Travel, relax, just enjoy each day and live as I do now because I am single, 39, I live at home (Basingstoke is expensive) and I enjoy my lifestyle and meeting friends etc, so not much is really going to change from that point of view. Just some more shrewd planning and I think I can make it to 60 and say enough is enough because I think 40 years is a decent return, 

Jazz1945

Hi everybody. I've just joined MSC and find it very interesting and comprehensive.

I'm a 78 year-old retired, married Irishman who has spent the last 4 winters in rented accommodation in Lagos, the Algarve, in Portugal. Oct - Mar inclusive but go home for about a month at Christmas. However, maybe uniquely, renting long-term in Portugal is rare - probably, I believe, because of some tax consideration. In my experience Portugal is VERY bureaucratic and regulation-heavy, which may explain why so many apartments are empty - at least in winter.

To explain my heading which I feel would be a variation of the Air-BanB model which I feel might be less expensive and may suit long-term tourists better than Air-BanB, where accommodation is priced on a day-by-day basis.. Step 1 - get to chosen, booked destination and stay for a minimum of a week with the proviso that, should there be a wish to extend that period of accommodation, the landlord be advised within 3 days of Day 1; Step 2 would be to book accommodation in another destination, with the same conditions to apply.

And so on throughout the long-term holiday i.e. driving from destination to destination.

I would envisage driving as the most popular mode of travelling.

I feel rented accommodation, under these conditions, should prove to be cheaper, and, of course, rating would be very important. Packing and unpacking could be a drag but my belief is that you'd get used to literally living out of a suitcase!

I'd be interested in your opinions please.