The Retirement Thread

[Dirk]

Are you doing nothing if you are doing nothing?

Depends on how high you set the bar on what your definition of 'nothing' is, I suppose.

 

[Drago]

My heart is still beating, and I'm still breathing, and there's suffieinct brain activity to support those functions, bit other than that when I'm doing nothing, I'm doing nothing. Its great.

 

[screenman]

Now here we have the tax thing popping up, interesting point that as without it we would not have the things older people need, care.

I think most of you have not had a career that really made you sparkle and enjoy everyday. Which is why you have spent time looking forward to getting older.

 

[welsh dragon]

Now here we have the tax thing popping up, interesting point that as without it we would not have the things older people need, care.

I think most of you have not had a career that really made you sparkle and enjoy everyday. Which is why you have spent time looking forward to getting older.

Oh dear. The elephant in the room. I have no doubt, some people would have a lot to say about it. However, that is an arguememt best left at another door i think. .

 

[Deleted member 1258]

Exactly. The tax man has had enough money from me. When i die, i will make sure is bugger all left.

The plan is to end up with just enough money for them to bury me.

 

[screenman]

Very true! They do indeed.

However, its their choice to live that way, and I get fed up hearing them moan that they can't retire until they're eleventy twelve. Their choice.

I keep on agreeing with you. For some though they have never earned enough to retire early, or they just like moaning. I have never understood this idea of keeping up with the Joneses, way to stressful for me.

 

[screenman]

The plan is to end up with just enough money for them to bury me.

I would like a bit more than that left behind, but also not miss out in the meantime.

 

[Drago]

I keep on agreeing with you. For some though they have never earned enough to retire early, or they just like moaning. I have never understood this idea of keeping up with the Joneses, way to stressful for me.

And a new car every 2 or three years, a new iPhone every 12 months, yet these are more often than not the same tofu munchers who moan about the state of the planet.

 

[welsh dragon]

Wait for it........wait for it....

 

[Paulus]

Now here we have the tax thing popping up, interesting point that as without it we would not have the things older people need, care.

I think most of you have not had a career that really made you sparkle and enjoy everyday. Which is why you have spent time looking forward to getting older.

Not at all, I have spent 44 years on the railway and 95% of the time I have thoroughly enjoyed it. I have only looked forward to retiring since last summer when I took the decision to go.

 

[SpokeyDokey]

I will be retiring in 5 weeks time, Myself and MrsP will be comfortable enough financially, I will have my work pension which I am taking early, and we have some savings. I at first had some doubts about using the capital once retired, but have now understood that that is what the saving are there for, to top up any shortfall in the weekly/monthly bills and to use for holidays, weekends away. The money will be no good to me when I/we have shuffled off this mortal coil. Our kids are provided for and only the taxman would benefit from it.

We are fortunate enough to be more than adequately provided for in older age.

How we got to this position doesn't really matter but what I would say to anyone who is part of a couple is that it may well be worth looking at a one party early death scenario re estimating financial prospects as time scrolls by.

When projecting our future financial prospects I wanted Lovely Wife's financial security to be nailed on as first base should I die young - I started all this planning malarkey back in my late 40's (I retired at 48 from my 'proper' career although I now potter about with a very small self employed business). Once that hurdle was cleared I set about ensuring that the reverse was also the case - this was a much lower bar to vault over as my company pension far outstrips that of my wife.

Just something to take into consideration without over-doing the doomsday 'thing'.

I have to confess to being obsessed and fretful regarding this project up until the 'big day' when I realised that we were home and dry as far as can be reasonably predicted in this ever changing world. But then I've always been an obsessive person about everything I do - although therapy has helped (being serious).

 

[Drago]

The roadies are out of hibernation. Not an ounce of road craft between them.

 

[PaulSB]

68 miles, 5300 feet, 13.2. Beans on toast, flapjack and tea.

What a good day.

 

[Dirk]

68 miles, 5300 feet, 13.2. Beans on toast, flapjack and tea.

What a good day.

It would be better to do it when everyone else is at work.

 

[derrick]

Now here we have the tax thing popping up, interesting point that as without it we would not have the things older people need, care.

I think most of you have not had a career that really made you sparkle and enjoy everyday. Which is why you have spent time looking forward to getting older.

Most people keep on working because they do not have enough of a social life, really sad if you need to keep working when you don't have to. have had a great working life, never wanted for anything, have a lovely family, a couple of really close mates and plenty of friends to socialize with, i love my life would not want to swap with anyone.