Ahh south of France. Many good holidays and memories for us.
Where abouts were you ?
The Retirement Thread
- Thread starter Dirk
- Start date
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Where abouts were you ?
gavroche
Getting old but not past it
- Location
- North Wales
In the Aude area. Absolutely beautiful, full of gorges and mountains 6500 feet high. We were about 40 minutes away from Mirepoix, a lovely medieval town.
Dont recognise those names....is it near the Verdon Gorge ?
Just googled it. Near Spain. Beautiful area.
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PaulSB
Squire
- Location
- Chorley, Lancashire
My FA is part of the Openwork group. Best to Google it. I presume they set standards for membership - she's always been correct with her recommendations.
As WD says you can always live on less money. The advice I can offer is look at the cost of everything and see where savings can be made, you'll be surprised and you'll have the time to do it.
Be prepared to spend savings - we live off our pensions and use our savings to fund big trips.
Going to work is expensive, one spends money without realising it.
Drago
Legendary Member
- Location
- Suburban Poshshire
I'm lucky, although a large dollop of preparedness was involeved. Did very well out of the house sale from my divorce, which bought me a place back home, and that has proven to be my most significant break (or rather marrying a wealthy company director and divorcing her because of her infidelity was my luckiest break). Sold the 7 series post divorce, bought a Peugeot, and banked another 25k from that transaction. Lived in the house it briefly before renting it out to a local family that my Dad has known since the 60's, and that's given me a steady income with no mortgage to cover. Then there's my pension, my commutation (which has remained largely untouched), and my injury on duty insurance payout. Then Mrs D also retired early and got her pension, commutation and critical illness insurance payout as well. Then Mrs D has a part time job, so any luxuries, meals out, weekend brakes etc, come from Mrs D's wages.
I'm careful to make sure that I finish each month with more money in the savings than I started, and to be honest I usually do very nicely in that regard. I can usually bank my rental income and a bit more besides. I resist the temptation to spend it on Holidays in Florida or new German cars - If there's a capital outlay required I don't touch our savings, but set some aside each month until i have it.
Some might argue that it's there to enjoy, and it is. However, while I'm fit and healthy now Mrs D isn't, and there's nothing to say I won't be similarly stricken tomorrow and I'll suddenly need to spend a load. I'd rather die comfortable with a chunk in the bank, than live to be 90 but worrying every minute of that existence where the next meal is coming from. If people want 6 bedroom houses, multiple annual foreign holidays, iPhones, or flash German cars then good luck to them, but I don't want to hear them bleating that they're having to work until they're eleventy eight to pay for it all.
This is a great and inspirational website. In most peoples cases it'll be too late to take heed, but if you're in your twenties then read, digest and take heed. https://www.mrmoneymustache.com/
I'm careful to make sure that I finish each month with more money in the savings than I started, and to be honest I usually do very nicely in that regard. I can usually bank my rental income and a bit more besides. I resist the temptation to spend it on Holidays in Florida or new German cars - If there's a capital outlay required I don't touch our savings, but set some aside each month until i have it.
Some might argue that it's there to enjoy, and it is. However, while I'm fit and healthy now Mrs D isn't, and there's nothing to say I won't be similarly stricken tomorrow and I'll suddenly need to spend a load. I'd rather die comfortable with a chunk in the bank, than live to be 90 but worrying every minute of that existence where the next meal is coming from. If people want 6 bedroom houses, multiple annual foreign holidays, iPhones, or flash German cars then good luck to them, but I don't want to hear them bleating that they're having to work until they're eleventy eight to pay for it all.
This is a great and inspirational website. In most peoples cases it'll be too late to take heed, but if you're in your twenties then read, digest and take heed. https://www.mrmoneymustache.com/
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welsh dragon
Thanks but no thanks. I think I'll pass.
It is indeed costly to go to work what with bus/car/train fares, clothes food etc all that can be saved. Buying fresh food instead of processed stuff you can save a lot of money.
I would rather have quality of life with less money than have to continue to work with all the associated stresses and hassles.
derrick
The Glue that binds us together.
- Location
- On the edge of London
They seem to be enjoying them selves
Mo1959
Legendary Member
- Location
- Perthshire,Scotland
Me too. Best thing I ever did get out as soon as I could.
GM
Legendary Member
- Location
- North of the river
That's true, what I used to spend on petrol each week going to work is now our shopping bill.
Absolutely!
Strangely enough, we've found that our quality of life and financial situation have both improved. Win win.
gavroche
Getting old but not past it
- Location
- North Wales
My pension covers all the bills with a little left over. Mrs G's pension covers our food bill and running her own car. The few days a week I do as Supply Teacher pays for luxuries and tops up savings. I am a lot happier now than when I was working full time.
Bonefish Blues
Banging donk
- Location
- 52 Festive Road
Thanks chums, some interesting perspectives, which are appreciated.
I checked out Openwork, and see they are (multi) tied, so not for me on principle I'm afraid.
I checked out Openwork, and see they are (multi) tied, so not for me on principle I'm afraid.
PaulSB
Squire
- Location
- Chorley, Lancashire
It's SATURDAY.... It's Strictly...........so that's the next 15 or so weeks in the back room for me every Saturday
welsh dragon
Thanks but no thanks. I think I'll pass.
It's SATURDAY.... It's Strictly...........so that's the next 15 or so weeks in the back room for me every Saturday
I never watch that rubbish, or big brother, or you've got not talent or any other reality crap. Commiserations to you.
