The Retirement Thread

[Drago]

You have either mastered the art of projectile crapping, or have an unusually large bottom.

 

[MarkF]

The amount of fatso over 55's in hospital with fatso related illnesses is astonishing, I've re-evaluated my retirement plans by seeing them every day.

Aviva and Standard Life, along with Age Concern reckon you need £15k pa for a comfortable retirement (ie with holidays and a new car every few years), more if you're a couple. If you forego the foreign holidays then less

MIL & partner live on 2 state pensions, nothing else, near Malaga, so they don't need a holiday. They cycle everywhere, so no car is needed, never mind a new one every few years! Surely that is a "comfortable retirement".

 

[Drago]

Having a roof over your head, clothes, and a full belly, and not having to go to work is a comfortable retirement.

 

[Dave 123]

You have either mastered the art of projectile crapping, or have an unusually large bottom.

Art for arts sake.

 

[Drago]

You are Damien Hurst and ICMFP.

 

[Dave 123]

You are Damien Hurst and ICMFP.

Sorry, it doesn't pay that well!

 

[SpokeyDokey]

After 33 jobs since I left school I'm not sure work suits me. I've resigned again and I don't know whether to go for number 34 with career type number 5 or retire.
The crux of the matter is how much do you need to live on? I know this has endless possibilities but for a basic life style how much?
I reckon fixed costs - assume no mortgage, council tax, water, gas and leccy + other stuff comes out around 6k.

What do folks reckon a cyclist + cycling wife can survive on whilst still being able to buy coffee/cake/beer/wine/tyres/bikes etc.

We spend £15k pa ex' major expenditures eg new car, major home projects, holidays (if we can be bothered).

That covers everything to run a fairly large house, eat well, drink well (too much) and all utilities, lunches out, blah, blah, blah.

£6k sounds very tight.

 

[screenman]

£25,000pa would be a comfortable pension, which is why I am putting off full retirement for a while, just spent a good few bob on 6 nights away without worrying about it.

 

[Deleted member 1258]

Aviva and Standard Life, along with Age Concern reckon you need £15k pa for a comfortable retirement (ie with holidays and a new car every few years), more if you're a couple. If you forego the foreign holidays then less

My state pension, small private pension and pension credit adds up to the princely sum of £750 a month, my Good Lady gets about 40% of a state pension. We've got no rent or mortgage to pay, we have a small car but if it needs replacing we'll have go car free again. We can manage but an unexpected large bill will have us struggling

 

[User32269]

soak 1/2 kg parrafin wax flakes in 2 litres of white spirit. Put it somewhere warm, shaking ever few days. Once the wax has dissolved you have a gunk that looks rather like trouser gravy. Add 2 litres of any oil (I use gear oil), warm the lot up, shake it thoroughly

What is the best sort of glass to drink it from? Shot, pint or flute?

 

[Drago]

Schooner.

 

[Deleted member 1258]

£25,000pa would be a comfortable pension, which is why I am putting off full retirement for a while, just spent a good few bob on 6 nights away without worrying about it.

I never earned that much when I was working! If I managed that much in a pension I'd be able to live very well.

 

[Dirk]

Lump sums make all the difference. We were fortunate to get a nice six figure sum between us, on top of our private pensions, to tide us over until the state pensions kick in.
Being totally debt free and owning your own home is almost a prerequisite prior to taking retirement, if you want it to be stress free.

 

[screenman]

I never earned that much when I was working! If I managed that much in a pension I'd be able to live very well.

Living well is how I like to do it, we or most of us make the choices. I could retire now and get by, I would not enjoy that as much as the life I have now.

Tell me, if you could say double your pension by working one or two days a week doing something you enjoy, would you? I will.

 

[screenman]

Lump sums make all the difference. We were fortunate to get a nice six figure sum between us, on top of our private pensions, to tide us over until the state pensions kick in.
Being totally debt free and owning your own home is almost a prerequisite prior to taking retirement, if you want it to be stress free.

Lucky position with the lump sums, what were your jobs?