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Nearly 60 - where did that time go?
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I now know within a pound or two what I will have to live on for next nearly 5 years.Age 62 - £1365 per monthAge 63 - £1375 per monthAge 64 - £1385 per monthAge 65 - £1405 per monthIf I can just get something part time for 1 to 2 days a week, that would complete the picture.Slightly concerning is the news that energy bills may start rising in April again. I currently have £260 credit with my energy supplier and £380 in my separate energy account, so am comfortable that I have enough of a buffer for at least the next 12 months.Nothing major in spending, other than £34 for my graduation gown hire. Optician thinks I may need new glasses in next 12 months, but explained to him that I will not be looking at screen 8 hours a day 5 days a week and will wait and see if further changes take place once my eyes accommodate to my new routine.3
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I think that is an amazing amount to live on! Well done you.Aiming for a minimal spend 20221
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That's good figures for retirement.Mortgage started 2020, aiming to clear 31/12/2029.1
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There are some great deals online for glasses. I got my last long distance and computer glasses online with an MSE deal
Pension income looks great0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
House sale OCT 2022 = NOW MORTGAGE FREE 🤗
House purchase completed FEB 2023 🥳🍾 Left work. 🤗
Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).
Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1
Living off savings diary
https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p12 -
Well that’s it…my last day in work was on Friday. I received cards, presents and £100 which I will keep separate from savings so I can treat myself to something nice.
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My first week looking quite good money wise. Have all my food and petrol for the week. Having takeaway end of week with bf….his treat. Tuesday - lunch with friend, Wednesday - dental hygenist, Thursday - hot stone massage, Friday - eyelashes, Saturday - hair. Hot stone massage is treat from bf. Everything else has been budgeted for.2
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Submitted meter reads and had energy bill for mid October to mid November. £120. The main thing is my usage is down compared to last year. Am £370 in credit so feeling comfortable with it though the pricing is astronomical.2
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Leaving gifts will come in handy and I don't blame you for wanting to keep the money for a nice treat.
Enjoy your new lifestyle ☺️Mortgage started 2020, aiming to clear 31/12/2029.1 -
Fantastic news that work is over and your new life is starting. Well done enjoy every second.Aiming for a minimal spend 20220
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Congratulations on your retirement 🥳 I’m glad your bf is treating you. Hope you are enjoying your pamper week0% credit card £1360 & 0% Car Loan £7500 ~ paid in full JAN 2020 = NOW DEBT FREE 🤗
House sale OCT 2022 = NOW MORTGAGE FREE 🤗
House purchase completed FEB 2023 🥳🍾 Left work. 🤗
Retired at 55 & now living off the equity £10k a year (until pensions start at 60 & 67).
Previous Savings diary https://forums.moneysavingexpert.com/discussion/5597938/get-a-grip/p1
Living off savings diary
https://forums.moneysavingexpert.com/discussion/6429003/escape-to-the-country-living-off-savings/p12
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