1688 days.

andys15

I would like to retire before I am 50. So I have 1688 days left, which is 1 day before my 50th birthday. 

Currently have 0 savings, 0 mortgage.0 debt. 

I need to save about £250 a day in order to achieve my aim. 

That would give me and the wife about £5k a month to live on until I can start drawing my pension at 57. 

Let’s go. 

eskbanker

....and your question/point is?

andys15

No question or point. I have used these forums for years. From debt free, to mortgage free and now job free. 
Its good tracking for myself to see where I started. If I continue to be on track. What I need to do to get back on track. 

I missed my debt free date by about a year. These posts were handy to see where I went wrong, my mindset at the time, etc etc. 
It’s actually remarkable as I look through old posts of mine how my attitude has changed. How my goals have changed, my outlook, my risks to finances. 

SouthCoastBoy

Best of luck. Saving £250 a day is quite a commitment 

xylophone

Currently have 0 savings, 0 mortgage.0 debt. 

But (presumably) a well paid job?

Dazed_and_C0nfused

xylophone said:

Currently have 0 savings, 0 mortgage.0 debt. 

But (presumably) a well paid job?

The op did say this so who knows where the money is coming from?

Maybe self employment?

No question or point. I have used these forums for years. From debt free, to mortgage free and now job free. 

Langtang

So, you need to save c£400k in 4.5 years?

I'm assuming you can afford to save that?

How do you intend doing it?

Do you have a plan? 

Good luck.

xylophone

The op did say this so who knows where the money is coming from?
Maybe self employment?

I'd have thought so..... after all, if asked "What's your job", a person could reply " I work as a pilot" whether he flew his own plane or his employer's.

I suppose the OP's wife could have a well paid job and be gifting him £250 a day.......

Or he has generous friends and relations......

Dazed_and_C0nfused

Or maybe the first £250 is going on Bitcoin and it will miraculously become £420k in 1688 days!

andys15

Yes we have good combined wages.  I am not job free. I mean my aim is to be job free. 

I joined here 2008 and it was actually looking for advice about buying a house ( my current house) during the credit crunch. 

Then it was DFW forum for a few years. 

No savings due to becoming mortgage free at the end of August. 

I actually want to save £420k in 4 years 7 months. 

Thrugelmir

andys15 said:

I actually want to save £420k in 4 years 7 months. 

Wanting to and can are very different things. Have made an allowance for inflation?