Bold leap into retirement

Sarahspangles

Smudgeismydog said:

I have also decided I want to pay my daughter’s University tuition costs, as the level of debt they graduate with scares me. Yes this will squeeze my pre 57 pots, but I’ll make it work. 

You’ll get lots of views on this! My two went through Uni in the current loans system, they’ve tailored their approach to loans to their expected career path. One works in the arts and is unlikely to earn a high salary or pay very much towards loans, so eventually they’ll “time out”. The other is in a specialist area of IT and is likely to pay them off in full over their career. So Arty child took all the student loan they were eligible for, IT child used sponsorship and placement year savings after his first year to minimise his loans and will clear them relatively quickly. I gave them the same level of parental contribution and they’re both happy.

Phossy

Very considered Video on Student loans - I'd suggest you need to watch to 7 mins at least
https://youtu.be/nv5Ma0x4L5w?si=WT7XU-okRIuW1kgj

michaels

Thanks, really clear.

I am in the parental contribution to deposit not student loan camp.

A lot of me is in the 'a lot of degrees are not worth it (at least financially)' camp but it is pretty unlikely that any of my kids would even be interested in my opinion on the matter.

saucer

michaels said:

Thanks, really clear.

I am in the parental contribution to deposit not student loan camp.

A lot of me is in the 'a lot of degrees are not worth it (at least financially)' camp but it is pretty unlikely that any of my kids would even be interested in my opinion on the matter.

Thats where I'm at as well. Graduate Tax not loan and we'll help with deposit rather than the former.

SouthCoastBoy

I would definitely help with deposit as opposed to loan. 

Peterrr

I've been (over) thinking about retirement for a few years now and have always imagined that the nearer I get to Rday the happier I'd be in my workplace (not long to go now & light at the end of the tunnel thinking). However I'm dismayed at the number of folk posting on this thread who are crawling towards the finish line and finding the corporate BS increasingly intolerable 
I admit I feel similarly increasing stress but still have (at least) 2 to 3 years to go. Perhaps I should get off these boards, put down the financial planning spreadsheet, and try to get my head back into 'work mode' so as to avoid driving myself into a Michael Douglas character in the movie Falling Down 

FIREDreamer

Peterrr said:

I've been (over) thinking about retirement for a few years now and have always imagined that the nearer I get to Rday the happier I'd be in my workplace (not long to go now & light at the end of the tunnel thinking). However I'm dismayed at the number of folk posting on this thread who are crawling towards the finish line and finding the corporate BS increasingly intolerable 
I admit I feel similarly increasing stress but still have (at least) 2 to 3 years to go. Perhaps I should get off these boards, put down the financial planning spreadsheet, and try to get my head back into 'work mode' so as to avoid driving myself into a Michael Douglas character in the movie Falling Down 

I have less than 4 weeks to go and it’s really dragging!

MetaPhysical

The corporate BS is indeed increasingly intolerable.  The older I get the less I need to keep "reinventing" myself to please the latest VP and his/her harebrained new idea to increase margins by 0.0001% by me doing twice as much work. Pardon my language but xxxx that.  I do as little as possible to fulfil my obligations now.

michaels

Peterrr said:

I've been (over) thinking about retirement for a few years now and have always imagined that the nearer I get to Rday the happier I'd be in my workplace (not long to go now & light at the end of the tunnel thinking). However I'm dismayed at the number of folk posting on this thread who are crawling towards the finish line and finding the corporate BS increasingly intolerable 
I admit I feel similarly increasing stress but still have (at least) 2 to 3 years to go. Perhaps I should get off these boards, put down the financial planning spreadsheet, and try to get my head back into 'work mode' so as to avoid driving myself into a Michael Douglas character in the movie Falling Down 

I think you are on the right lines.  Once one reaches a point where there is no point continuing to 'self -improve' in the workplace and ones mind is on retirement so one no longer links the employer's objectives with ones own then it becomes increasingly hard to self motivate and put up with the rubbish as a necessary evil part of reaching a shared goal.

WYSPECIAL

Peterrr said:

I've been (over) thinking about retirement for a few years now and have always imagined that the nearer I get to Rday the happier I'd be in my workplace (not long to go now & light at the end of the tunnel thinking). However I'm dismayed at the number of folk posting on this thread who are crawling towards the finish line and finding the corporate BS increasingly intolerable 
I admit I feel similarly increasing stress but still have (at least) 2 to 3 years to go. Perhaps I should get off these boards, put down the financial planning spreadsheet, and try to get my head back into 'work mode' so as to avoid driving myself into a Michael Douglas character in the movie Falling Down 

Could you reduce your hours or responsibility to ease your way to the finish line?
I found that doing that really changed my attitude. The stress diminished and I no longer give a toss about the corporate BS. It completely changed my relationship with my manager, for the better, who now uses me for the stuff I am good at to take some pressure off themselves. I now no longer have an Rday in mind, happy to plod on for now.