curve
regular
Reged: 09/02/2008
Posts: 875
Loc: North by Northwest
|
|
Quote:
WHAT do you expect or need in your current thinking.. ?
I want and will expect to get my current level of living when I retire. I can't live without dining out, electronic gadgets, foreign travel etc
The only difference for me when I retire would be owning my own boat instead of chartering one with friends as I do currently. I don't intend to liveonboard permanently but I am hoping to do lots of long cruises so it will be semi-live nboard.
|
Morgana
regular
Reged: 28/08/2003
Posts: 12278
Loc: East Coast
|
|
Wow.... I'd be 140 years old before I could afford to leave on those terms....!
We're aiming at £1k a month, and from our budget calcs reckon that we can live a pretty darned fine lifestyle on that amount.... perhaps less so in the med, but like kings in other places.....
For me personally, one of the things I am looking forward to is getting away from 'needing' the latest gadgets... and another is finding fresh local produce and eating both cheaply and handsomely.... (I do love to cook!)
--------------------
Bored?.... why not read my blog .... its the developing story of the trials and tribulations of boat ownership!
Edited by Morgana (17/05/2008 18:29)
|
Captainslarty
regular
Reged: 12/08/2007
Posts: 2012
Loc: Currently La Coruna Spain
|
|
No probs Curve. IF you dont intend it being your primary home, and want to use it as a holiday resort, fine, more power to yer elbow.. we USED to dine 'out' all the time.. but it is so, so underated.. you find, wothput the complications of 'modern' life that time is actually on YOUR side.. you can COOK.. you can plan.. its more hte getting used to the fact that time is the thing you sought and payed for, and now.. well, it the thing you have surplus of. its a difficult concept.
The idea of 'dining out' is so naff now that we just dont do it... we can spend a day planning and cooking and still have TIME to spare.
Again, each to their own..
One word of advise if I may.. what you consider importnant and life changing NOW.. will oft' fade to insignificance in the future... be prepared.. many of the things you value are simple escapes from the the life you have persued.
When.. and if.. you realsie your goal.. they will be as boring as taking the kiddies to the park.
--------------------
PM me for info re SSB's etc. Bought, sold, repaired, fitted and optimised.
|
anteak
regular
Reged: 28/01/2004
Posts: 1062
Loc: lowestoft
|
|
Retired 8 years ago at 47. Sold house (which has now doubled in price but so what!). Bought lovely £100k boat in Mallorca and lived happily on army pension, no debts and a little bit in reserve.
6 Glorious years in Med. Spit up with wife. Split assets. Got new woman. Going to do it all over again next year when she retires - apart from, hopefully, the splitting up bit.
Lessons learned:
1. Buy the smallest boat you can live on, not the biggest you can afford. The cheaper the better. No gizmos, spend the money on fun.
2. Don't listen to the doom mongers (especially on ybw).
3. Divide everything you hear in bars by three.
4. Don't give a toss about health - Que sera sera.
5. Carry only 3rd party insurance.
6. It is not what your income is, it is how you spend it.
Finally, do it as soon as you can and don't look back. I am already running out of time and my six years seems like six months. Just be happy and glad that you have the balls to do it in the first place - many don't.
--------------------
A man may fight for many things. His country, his friends, his principles, the glistening tear on the cheek of a golden child. But personally, I'd mud wrestle my own mother for a ton of cash, an amusing clock and a sack of French porn. EB
|
KellysEye
regular
Reged: 23/07/2006
Posts: 677
Loc: Curacao
|
|
We left the UK at the ages of 48 and 54. We both resigned from well paid jobs. With no pension until at least 60 we've relied on income from renting a flat and a house in London.
Strangely, although our annual income is tiny compared to what it was, we don't feel badly off. No business clothes costs, cheap fuel costs, no poll tax, no commuting costs, no road tax, no car costs, minimal electricity and gas costs, food cheaper, booze cheaper etc etc. And above all nobody telling us what to do and charging us ever more tax for the privilege of doing so.
|
susyrosyworzy
regular
Reged: 16/05/2001
Posts: 8098
Loc: kjaw for the next year!
|
|
Yeah, Kelly - I learned that on my four month trip,now a frightful 2 years ago - cheap and that wonderful escape from officious officials and paperwork. I'm off for a month to do the same again - same boat, same skipper, sameish area. My only sorrow, if you can be quite so melodramatic, is I never found that special man to sail away with.
S x
--------------------
www.susysrunningawaytosea.blogspot.com
"As we journey through life, discarding baggage along the way, we should keep an iron grip, to the very end, on the capacity for silliness. It preserves the soul from desiccation." Humphrey Lyttleton
|
curve
regular
Reged: 09/02/2008
Posts: 875
Loc: North by Northwest
|
|
Quote:
When.. and if.. you realsie your goal.. they will be as boring as taking the kiddies to the park.
But that is one of the best things to do in the world. Even though they are my nephews and not my own I love spending time with them even if it is just to take them to the park.
And personally I refuse to retire unless I can still keep my chaffeur, house keeper and gardener. 
ps And we have to dine out cos my partner and myself are terrible cooks so its either the chip shop or one of the fine eateries in Brighton.
|
Ham_n_Jam
regular
Reged: 24/01/2008
Posts: 123
|
|
..I've had my Pension projection come through. I can retire when I'm 108........
|
JamesFrance
regular
Reged: 24/10/2006
Posts: 220
Loc: Carcassonne & Sant Carles
|
|
The first time I was 31, had started a business which made a profit, but Dennis Healy was threatening to take it all away. We sold the big house, the Jag and Sunbeam Tiger and bought a boat.
After 2 years we went back to the business as the kids needed schooling.
Margaret Thatcher destroyed the business, so we did some serious work for little reward until I was 56.
We then managed to retire, did various boat and camper van things and now have a house and a smallish boat.
I am now 70 and hope to have many more years of doing what suits us.
--------------------
James
Dolphin of Menai
Beneteau Oceanis 311.
|
curve
regular
Reged: 09/02/2008
Posts: 875
Loc: North by Northwest
|
|
I wonder if it is possible to sail away on just the state pension. Let's assume you already have your boat and it is set-up ready to go. Could you survive on just the state pension amount?
|
Previous
Index
Next
Threaded
[Re: 
Edit
Reply
Quote
