How much to live on

Floss

louby40 said:

Albermarle said:

louby40 said:

Which figure? The £16k teachers pension? 

It is according to the Teachers Pension website. I've had calculations done by Weslyan and also used David Fountains spreadsheet (believe me I've run lots of numbers) 

If I go at 60 it's about £19k but I really cannot work until then. My mortgage is paid off in 2027 so that seems a good time to retire from teaching. 

£6,000K is actually six Million Pounds 

😂😂😂😂 see I'm so bloomin tired! I definitely need to finish work 

I was going to say if you didn't want him, to send him my way! 🤣🤣

BooJewels

louby40 said:

Albermarle said:

louby40 said:

Which figure? The £16k teachers pension? 

It is according to the Teachers Pension website. I've had calculations done by Weslyan and also used David Fountains spreadsheet (believe me I've run lots of numbers) 

If I go at 60 it's about £19k but I really cannot work until then. My mortgage is paid off in 2027 so that seems a good time to retire from teaching. 

£6,000K is actually six Million Pounds 

😂😂😂😂 see I'm so bloomin tired! I definitely need to finish work 

You could, if you had 6 million smackers under the mattress!

The interest alone on that in an easy access saver at 5% would give you £25,000 per month in interest  You could live quite comfortably on that.  But someone would soon come along and tell you it wasn't fiscally sound to do that.

silverwhistle

BooJewels said:

I also wanted to let those know, who were supportive earlier, that I've now started driving lessons - no.4 tomorrow.  I'm acutely aware of just how very much there is to learn and that it's not going to be easy.  But my instructor seems to think I've made a very good start.

Well done! Just to say that although driving is a bit of co-ordination it's mainly judgement. Give it a couple of years you'll be in an electric car with no clutch and smooth take up. But for the judgement I reckon get on two wheels if you aren't already, and get an idea of the hazards on the roads.. If all drivers were made to cycle first the roads would be a lot safer!

I didn't pass my test until I was 28 but only had 6 hours of formal lessons, and a bit of practice with a friend,before passing first time, but having spent a year or so on a cheap and low powered motorcycle was far more important.

Savvy_Sue

silverwhistle said:

Well done! Just to say that although driving is a bit of co-ordination it's mainly judgement. Give it a couple of years you'll be in an electric car with no clutch and smooth take up. But for the judgement I reckon get on two wheels if you aren't already, and get an idea of the hazards on the roads.. If all drivers were made to cycle first the roads would be a lot safer!

I didn't pass my test until I was 28 but only had 6 hours of formal lessons, and a bit of practice with a friend,before passing first time, but having spent a year or so on a cheap and low powered motorcycle was far more important.

Well, I'll just say that DS3 was the only one of ours to be a regular cyclist when he learned to drive, and also the most terrifying to sit with.

Me: "did you not see that cyclist?"
Him: "yes, but he should have seen my L plates"
Me: unprintable...

BooJewels, one thing I got them doing was noticing road signs. I'd ask what each one meant as we approached and I'd randomly ask what the speed limit was, which lane I'd need if there were roundabouts or traffic lights ahead, that kind of thing.

BooJewels

Thanks both.  @silverwhistle - I don't think you'd get through a test these days with only 6 hours of formal lessons - it's become much more demanding and technical in recent times - there are 27 areas you need to pass in the practical - including things like following the satnav.  I'm not currently on 2 wheels - that's a much more terrifying prospect - for other road users - than 4 wheels!

@Savvy_Sue - my son and sister have been testing me on road stuff when we're out and about for a good while now, plus as an observant passenger and navigator, I think I've picked up quite a bit by osmosis.  He did say in my lesson yesterday that my observation and hazard perception are significantly more advanced than the 17 year olds.  I seemed to have forgotten how to use the clutch yesterday, so I hope I do better today.  I don't normally have 2 lessons on consecutive days, but he had a cancellation and it's a week until his next gap.

Krakkkers

Most important thing is to learn how to steer with your knees while unwrapping sweets.

Bravepants

Krakkkers said:

Most important thing is to learn how to steer with your knees while unwrapping sweets.

Or rolling a cigarette!

BooJewels

Krakkkers said:

Most important thing is to learn how to steer with your knees while unwrapping sweets.

I'm glad that I'd just swallowed my mouthful of coffee before I read that.  I'll see if he can cover that in my lesson today.

I think I might need a modification to that though, not sure my knees are the best body part for the task.  I'll weigh it up today.

Indout96

Krakkkers said:

Most important thing is to learn how to steer with your knees while unwrapping sweets.

With lane keeping on and adaptive cruise control its a doddle these days, not like in the old days where you had to jamb a matchstick in the choke to stop it sliding closed on its own before the engine was warm.

louby40

Indout96 said:

Krakkkers said:

Most important thing is to learn how to steer with your knees while unwrapping sweets.

With lane keeping on and adaptive cruise control its a doddle these days, not like in the old days where you had to jamb a matchstick in the choke to stop it sliding closed on its own before the engine was warm.

My kids don't know what a choke is. Sadly, I do 🥴