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Having a million to retire on at 45 essentially means saving £50,000 a year. Which even with zero outgoings through sponging of your parents still requires you to be earning at least £50,000 a year. Which I’m gonna say is not easily achievable for most.
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Feb 10, 2021 10:53
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Most of the people who want to retire at 45 want to be able to fly around the world on endless dick-waving holidays and just do whatever the gently caress they want, which doesn't seem feasible on that sort of retirement income.
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Feb 10, 2021 10:53
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Noxville posted:Having a million to retire on at 45 essentially means saving £50,000 a year. Which even with zero outgoings through sponging of your parents still requires you to be earning at least £50,000 a year. Which I’m gonna say is not easily achievable for most. It's not achievable for him then either is it as he's only earning 25k pa atm.
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Feb 10, 2021 10:57
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Total Meatlove posted:Assuming he would have retired at 70 anyway. He's also getting a pension which, based on his story, could well be a final salary pension
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Feb 10, 2021 10:59
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Being furloughed for three months last year made me really, really look forward to being retired. Unfortunately the chances of me doing so a day earlier than the state pension age aren't high, unless something dramatic happens.
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Feb 10, 2021 11:02
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sebzilla posted:Being furloughed for three months last year made me really, really look forward to being retired. Unfortunately the chances of me doing so a day earlier than the state pension age aren't high, unless something dramatic happens. Don't you have rich parents you can move in with? Didn't you know that's the easy trick that everyone can do to save money.
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Feb 10, 2021 11:03
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CyberPingu posted:Yep. Another "You can do it to if you have parents that pay for everything" It's definitely not enough to be independently wealthy, but it could be enough to be independently poor. Assuming 1% interest and 2% inflation, you could pay yourself 25k in today's money for 33 years on a 1m nest egg, the NLW for 40 years, and closer to 50 if you can get 1.5%. Just pray you don't turn out to be unexpectedly long-lived. Or that inflation doesn't go way up. Or that savings don't completely crash. Or that your bank doesn't collapse. Edit: Beaten, oh well
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Feb 10, 2021 11:04
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Failed Imagineer posted:You might as well post your plan, it would be more interesting and realistic than those money diaries Makes you a prick but definitely doable with £1m. But that's also the sort of money where you can get listed as an interested investor in Belize, buy a farm with a few acres, and life off of yams and spirulina and wind power for the rest of your life. Even have some banana plants. Or same but in Somerset and with less exotic fruits. kingturnip posted:Most of the people who want to retire at 45 want to be able to fly around the world on endless dick-waving holidays
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Feb 10, 2021 11:06
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Guavanaut posted:The easy mode version is you just buy a bunch of flats and pay a letting agency to manage them and then live off other people's work for your whole life. Oh my god that's definitely what he's going to do isn't it. He's a future landlord.
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Feb 10, 2021 11:08
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JeremoudCorbynejad posted:Oh my god that's definitely what he's going to do isn't it. Man hands on property to man It deepens like a coastal shelf
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Feb 10, 2021 11:17
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Had to fix my boiler this morning. 15 degrees in the house, barbaric stuff. Finally getting toasty now. Didn't get serviced last summer, I guess due to covid the guy didn't bother showing up. It's an outside unit usually I don't even know he's come around before he shoves paperwork through the lettebox.
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Feb 10, 2021 11:18
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CyberPingu posted:This is implying he's going to stay single for most of his life too. Well, that goes without saying really.
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Feb 10, 2021 11:27
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Failed Imagineer posted:Man hands on property to man remind me of the old proverb, say he *AHEM* now let m'see if i can remembert right for yiz.. the man takes a drink  the drink takes a drink the man... takes a man
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Feb 10, 2021 11:28
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Saw that article posted the other day. Sure is loving easy to save money if you don't have any outgoings. drat, if only we'd've know that before having to pay for rent and food and bills.
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Feb 10, 2021 11:33
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Looks like someone decided to live under late capitalism without any capital 
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Feb 10, 2021 11:34
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crispix posted:remind me of the old proverb, say he I never got the "drink takes a drink" part of that, reminds me of these ads you see on pubs 
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Feb 10, 2021 11:35
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Failed Imagineer posted:I never got the "drink takes a drink" part of that, reminds me of these ads you see on pubs That would wake me up, because Guinness is revolting
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Feb 10, 2021 11:40
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kingturnip posted:That would wake me up, because Guinness is revolting 
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Feb 10, 2021 11:40
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xtothez posted:Is 'news' now just about posting the most utterly blatant bullshit for clicks? Every loving time   
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Feb 10, 2021 11:41
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Failed Imagineer posted:I never got the "drink takes a drink" part of that, reminds me of these ads you see on pubs that still passes for drink driving guidance in rural parts in my experience
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Feb 10, 2021 11:41
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Who is that sad tosser even ringing? He doesn't need the data, nobody goes out any more and his parents must have wifi/sky/netflix. Theres another tenner a month saved.
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Feb 10, 2021 11:41
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https://twitter.com/carolinejmolloy/status/1359448800562196484?s=19
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Feb 10, 2021 11:43
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His article does say he has a girlfriend. He has not mentioned how he has monetized this girlfriend however, or how she is a net financial benefit to him.
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Feb 10, 2021 11:43
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is Babestation still on the air?
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Feb 10, 2021 11:44
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^^^ Looks like it is online now but you maybe have to pay for things? Paige Turnah is my favourite. My youtube channel would get way more like and subscibes if my fit girlfriend was in all the thumbnails. NotJustANumber99 fucked around with this message at 11:48 on Feb 10, 2021 |
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Feb 10, 2021 11:45
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kingturnip posted:That would wake me up, because Guinness is revolting Only if served improperly 
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Feb 10, 2021 11:45
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i'll bet if you really dug you'd find that bloke has eaten nothing but jam sandwiches and crispy pancakes since he was 3, or something like that just has that look about him imo
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Feb 10, 2021 11:47
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Guavanaut posted:Looks like someone decided to live under late capitalism without any capital  Failed Imagineer posted:I never got the "drink takes a drink" part of that, reminds me of these ads you see on pubs Love to live my life as a sentient horror drinking my own fluids. (No comments about my current state of existance please) It was always obvious there was going to be a reason why they were suddenly pushing the reversing privitisation narrative.
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Feb 10, 2021 11:47
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crispix posted:that still passes for drink driving guidance in rural parts in my experience The man takes a drive The drink takes a drive 
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Feb 10, 2021 11:51
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Guavanaut posted:The man takes a drink I preferred Chumbawamba when they weren't preachy
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Feb 10, 2021 11:53
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Failed Imagineer posted:Man hands on property to man It fucks things up, inheritance, The Tories know it, and they ensure, That wealth outlives the Macabre Danse, And if your parents are, then you are poor. Hogheads were hosed for college jests, By fools in old-style nobs' attire. Who half the time are columnists, And half MPs for something -shire Man hands on property to man It deepens like a coastal shelf So buy up as early as you can, And don't have any jobs yourself.
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Feb 10, 2021 12:00
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Niric posted:It fucks things up, inheritance, I'm glad I didn't bother doing this, yours is better 
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Feb 10, 2021 12:02
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Niric posted:It fucks things up, inheritance, 
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Feb 10, 2021 12:10
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 https://twitter.com/WelshLabour/status/1359223032863199238?s=20 https://twitter.com/DrRoundglasses/status/1359282369279229955?s=20
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Feb 10, 2021 12:15
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https://twitter.com/Red4Red1/status/1359454695102758912
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Feb 10, 2021 12:18
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If you're still a member of the Labour Party you're paying for this
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Feb 10, 2021 12:20
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Niric posted:It fucks things up, inheritance, Please update the forums software so this can fit into the thread title.
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Feb 10, 2021 12:23
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i know its a bunch of right wing ghouls but all those could sort of be justified but loving lol at having the general secretary on it
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Feb 10, 2021 12:23
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Jose posted:i know its a bunch of right wing ghouls but all those could sort of be justified but loving lol at having the general secretary on it "We need to make sure there's no political interference in these decisions, which is why we're putting the General Secretary on the board"
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Feb 10, 2021 12:34
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Jose posted:
Any idea what the reason might be? Was there some stitch up there that is not fathomable from the headline? Desperately searching for any clue that Labour / Welsh Labour has any kind of soul anymore. With Senedd elections coming up in May (probably) and I'm planning to vote for our Labour candidate - not because she is Labour but because she will be a fantastic representative as a personal person and I know her - I just need to understand.
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Feb 10, 2021 12:40
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