The Retirement Thread

[Drago]

Junior Seaman, I left after two and a half years...

... of semen jokes?

 

[Dirk]

... of semen jokes?

I reckon he found the golden rivet.......

 

[SpokeyDokey]

Good point but we have so many different situations.
I am older than you at 72 and fortunate with my health...... but still realise 72, knocking on.
We have 2 "children" we get on well with. We own our house (not of great value) and due to running a small company have a few bob.
On the basis "you cant take it with you" we are not stingy and do look after the family but are NOT a soft touch.
AND I am about to buy a new bike.
AND me and a mate go away to Majorca for a cycling holiday next month.

We can maintain our current lifestyle quite easily on our current pensions and savings.
I get the state pension next year and MrsD gets hers the year after. At that time, our household income will exceed that which we had when we were working. I will also have one of our lump sums petty much intact. That should do us quite nicely until I peg it.
Now.....if stepmother kicks the bucket in the meantime......

My financial adviser tells me we will not run out of money. Don't misunderstand me, we are not wealthy and I don't have a step mum. When we retired our income dropped to 40% of when we worked. When my state pension kicks in we will be at 50% and my wife's will take us to 60% - it seems to work out. Going out to work every is an expensive business.

Not many of my real life conversations involve money other than the price of bikes and cafes!! I do spend too much money in cafes with riding three times a week. I used to ride with a guy who took sandwiches with him - rest of the group would go in the cafe and he would sit outside.

The subject does come up here from time to time but I know what you mean. I think it would be a good idea to share tips and thoughts.

Each month I end with a little more than I started. When I eventually get the state pension that'll be my Guinness money.

Thanks for your replies either directly or indirectly.

If anything crops up this end that I think is worth a share then I shall post it.

Like a few other members in this thread we are very comfy financially and also will not run out of money within our likely lifetimes and, even in our relatively powered down state vs our careers in full flow, our income far exceeds our expenditure. Nevertheless, we run a tight ship here on the money front and actively manage our various investments so any tips are always welcome and we are happy to reciprocate.

One of the simple tools we use are the various online calculators re how long will your money last? The use of one of these was instrumental in our decision to quit the, very lucrative, rat race that we were involved in back in the early 2000's. They are quite handy and it is often surprising how long a given sum lasts with regular withdrawals even at the *iss poor rates we savers get these days. Worth a Google and a play with.

 

[172traindriver]

I am happy to be one.

We can see that

 

[172traindriver]

God knows. I am glad I'm not young anymore. Can you imagine what it's going to be like in say.20 years?

A right load of b######s
We all know you are old and wrinkly

 

[172traindriver]

It was

 

[172traindriver]

Itwasa bit cool in the shade. My hands.and legs were bit cold to start with

Was that all

 

[172traindriver]

YOUR LEGS were cold. Did you not wear your bloomers??

I thought they blew away during the storm

I decided to take them off. Save having them flapping in the wind

Do you take them off regularly then?

 

[172traindriver]

Ohh I will do that for you. Please allow me to come and do that.
@roadrash ......see, I am not scared of her

I bet you would

 

[172traindriver]

The village I was born and spent my early years in was mostly boys when I was growing up so I ended up a right tomboy liking outdoorsy stuff and managed to avoid learning to cook, sew, knit, etc. Occasionally regret not being able to cook, but it's such a faff when you're on your own, it's barely worth it, so I live on ready meals, sandwiches, etc. Lol.

Would rather be out walking, running and cycling than doing houseworky stuff. It gets done when the tumbleweed starts blowing around.

 

[172traindriver]

I have always said.....put your money in your bloomers, no one will search there.

She could stash a fortune in them

 

[172traindriver]

I'm buying my stepmother a pair of roller skates for Christmas.
She'll find them at the top of the stairs....

 

[172traindriver]

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

What time did it start?

 

[welsh dragon]

What time did it start?

It didn't.

 

[172traindriver]

It didn't.

Maybe tomorrow?