15 minutes ago, Cheese said:

No. So why are you commenting on life in the UK, which you haven't experienced for the best part of a decade?

I can comment on anything i want too, you seem to have an opinion on anything and everything even without and knowledge of the topic.

I’m so naive; wish I had your foresight. I pay into a (apparently) decent pension. That coupled with my benefits keeps me in place. However, I do intend to work abroad and probably retire in either Spain or Portugal… I’m banking on being 100% debt free by 50, use my generous holiday allowance to work some shitty TUI job for six months in year one, then gradually reduce it down, find somewhere and settle.

I could technically work remotely, but my employer won’t allow it… is it not as simple as that? I’m not prepared to go it alone as a coach, risk and reward isn’t worth it

20 minutes ago, Dr Faustus said:

I’m so naive; wish I had your foresight. I pay into a (apparently) decent pension. That coupled with my benefits keeps me in place. However, I do intend to work abroad and probably retire in either Spain or Portugal… I’m banking on being 100% debt free by 50, use my generous holiday allowance to work some shitty TUI job for six months in year one, then gradually reduce it down, find somewhere and settle.

I could technically work remotely, but my employer won’t allow it… is it not as simple as that? I’m not prepared to go it alone as a coach, risk and reward isn’t worth it

Try to build cashflow & invest in property… wish I’d of invested in property as you can sell any time whereas pension drawdowns are taxable. 

Edited April 12Apr 12 by Mounts Kipper

Nothing wrong with having a financial plan but think about all the time you will suddenly have... that's the bit I find difficult, I'm avoiding boredom and lack of direction  because I know that will be the end for me... there are very few retirees I actually like to hang out with

Just now, Dimron said:

Nothing wrong with having a financial plan but think about all the time you will suddenly have... that's the bit I find difficult, I'm avoiding boredom and lack of direction  because I know that will be the end for me... there are very few retirees I actually like to hang out with

It’s a good point…. I look forward to the day I have the time to figure out what I do to fill my day.

My mates Dad lives in Cyprus. Met him for a few beers last summer.

I'd live there in a heartbeat.

I can gladly find any information out for you off him you may need mate.

My biggest advice to my two boys currently is to get the hell out of the UK and find a better way of life as soon as they can. 

2 minutes ago, Mounts Kipper said:

It’s a good point…. I look forward to the day I have the time to figure out what I do to fill my day.

Hobbies

Hobbies

And more hobbies

🙂

I have loads

1 minute ago, gonzo said:

My mates Dad lives in Cyprus. Met him for a few beers last summer.

I'd live there in a heartbeat.

I can gladly find any information out for you off him you may need mate.

My biggest advice to my two boys currently is to get the hell out of the UK and find a better way of life as soon as they can. 

Any advice would be interesting to hear, ive emailed Cyprus company who can help you apply for non dom. I’ve told my lad the same get out asap and chase the money. 

54 minutes ago, BobyBrno said:

AI is probably the best way to start.

Hahahahaaha yes if you want to be told what you want to hear, it's great

42 minutes ago, waffer cup 07 said:

I can comment on anything i want too, you seem to have an opinion on anything and everything even without and knowledge of the topic.

The irony.

15 minutes ago, Cheese said:

Hahahahaaha yes if you want to be told what you want to hear, it's great

You missed out the bit about AI taking you where you want to go information wise. Ironic that you also ignored the moronic reference. Not sure why.

Hahahahahaha. 
Thats it. Goodnight.👍

Edited April 12Apr 12 by BobyBrno

2 hours ago, Mounts Kipper said:

I’ve not retired yet… still paying 40% paye… fucking stupid I know… should have gone self employed and dodged like fuck….ive paid 40% for over 20 years… If I stay here they’ll give me 12750 tax free and tax everything else at 20% you can’t live on that so your in effect giving them back the half the tax you claimed while building up your pension. Oh and inheritance tax will be paid on my pension pots after 75 when I die meaning my wife who’s got only small pension will suffer after I’ve passed away…. It’s corrupt system, I’ll also add public service sector bods can retire at mid 50s and will receive a defined benefit pension running into 100s of thousand pounds from the state while folk like me have to wait until 67… is it any wonder I’m looking to preserve my hard earned money for my family and away from the government tax vultures. 

Good luck to you mate. Which ever way you go. 

Us public service bots definitely won’t be retiring at mid 50s 😄 not sure where you got that from.
 

Climate change inaction will have turned the world into a bit of a mess come my retirement.. so I’ve decided to live in the moment & gone part time. More time with the boy & opportunities for long weekends away.
 

I’ll be a happy man if I can retire in the Scottish highlands & get out for plenty of walks & cycles. I find Europe ridiculously too hot in the summer these days. And it’s only getting worse with the droughts.

I can see the appeal though 

14 minutes ago, BobyBrno said:

You missed out the bit about AI taking you where you want to go information wise. Ironic that you also ignored the moronic reference. Not sure why.

Hahahahahaha. 
Thats it. Goodnight.👍

The future is fucked because old duffers like you are stupid enough to think AI "knows" things. Goodnight.

5 minutes ago, London Wanderer said:

Good luck to you mate. Which ever way you go. 

Us public service bots definitely won’t be retiring at mid 50s 😄 not sure where you got that from.
 

Climate change inaction will have turned the world into a bit of a mess come my retirement.. so I’ve decided to live in the moment & gone part time. More time with the boy & opportunities for long weekends away.
 

I’ll be a happy man if I can retire in the Scottish highlands & get out for plenty of walks & cycles. I find Europe ridiculously too hot in the summer these days. And it’s only getting worse with the droughts.

I can see the appeal though 

Thanks for the good luck wishes… I’m not quite there yet, but actively in the planning stage…. Agree on the weather and I’d look to go somewhere cooler July- August, just hope I can make the financials stack up to get out of the UK. 

Edited April 12Apr 12 by Mounts Kipper

1 minute ago, Cheese said:

The future is fucked because old duffers like you are stupid enough to think AI "knows" things. Goodnight.

The bitterness and jealousy is oozing out of you tonight. It must be soul destroying seeing all these “Old duffers” travelling the world and living the good life whilst you're sat home alone giving it big licks on a footy forum. Poor lad 

2 minutes ago, London Wanderer said:

ll be a happy man if I can retire in the Scottish highlands & get out for plenty of walks & cycles. I find Europe ridiculously too hot in the summer these days. And it’s only getting worse with the droughts.

I can see the appeal though 

We love our caravan on the moors behind Whitby and the walking

PS... There's a vineyard 30 minutes walk away 

1 minute ago, Dimron said:

We love our caravan on the moors behind Whitby and the walking

PS... There's a vineyard 30 minutes walk away 

Ours is in the Ribble Valley/Forest of Bowland. No vineyard but plenty of great pubs.

Not boasting, just giving encouragement to anyone who works hard and does the right thing then retirement can be great. 
That’s if you make it this far. I know many who didn’t. 

53 minutes ago, gonzo said:

My mates Dad lives in Cyprus. Met him for a few beers last summer.

I'd live there in a heartbeat.

I can gladly find any information out for you off him you may need mate.

My biggest advice to my two boys currently is to get the hell out of the UK and find a better way of life as soon as they can. 

Same here- not arsed about him playing semi or pro over here; get to the states, earn his degree and play the same level in glorious sunshine

29 minutes ago, BobyBrno said:

Ours is in the Ribble Valley/Forest of Bowland. No vineyard but plenty of great pubs.

Not boasting, just giving encouragement to anyone who works hard and does the right thing then retirement can be great. 
That’s if you make it this far. I know many who didn’t. 

Every morning is a privilege, I often think about the ones who haven't got as far down the path as me, all good pals.

Don't spend too much time planning, I've seen a few going into it to the n'th degree with spreadsheets and financial tax  consulltants, they then park their big motorhome on the drive and roll over and die... I suppose the dream kept them going without thinking about what happens next.

2 hours ago, BobyBrno said:

Ours is in the Ribble Valley/Forest of Bowland. No vineyard but plenty of great pubs.

Not boasting, just giving encouragement to anyone who works hard and does the right thing then retirement can be great. 
That’s if you make it this far. I know many who didn’t. 

That's great, you do what's right for you and yours. Were not answerable to Cheese or anyone.

3 hours ago, Mounts Kipper said:

Try to build cashflow & invest in property… wish I’d of invested in property as you can sell any time whereas pension drawdowns are taxable. 

Any property you sell for a profit that is not your main residence don’t you pay CGT ? 

7 minutes ago, Ani said:

Any property you sell for a profit that is not your main residence don’t you pay CGT ? 

Yep. A buy to let could work (though taxable) cheap house, high rent a bit of passive income for beer tokens/hobbies 

7 minutes ago, Ani said:

Any property you sell for a profit that is not your main residence don’t you pay CGT ? 

You do but at least can keep it and take rental income and the property value will always increase. 

1 minute ago, Ani said:

Any property you sell for a profit that is not your main residence don’t you pay CGT ? 

Was in response to me that bud, in terms of my investment; not sure of what I all now is relevant but-

I should have 200k asset in 3 years, 10 years decent pension at lower rate, 0 debt. I’ve got 10 years to achieve a dream of working abroad- @BobyBrno lad did it near 30 years ago… I’m doing it wrong way around, but hope to make it for life.

Do I sell the gaff or rent it? Do I invest in further properties when I really can’t be arsed being here? I intend to allow kids to play football and have fun; so many questions

6 minutes ago, Mounts Kipper said:

You do but at least can keep it and take rental income and the property value will always increase. 

Rental income is taxable and you can not even off set that against any mortgage cost these days !