When do you stop working / making money ?

[SimonMac]

I guess once the kids are settled, so many many many years from now!

[NotAllThere]

Oldest child is independent. Next oldest will be independent in about two years, the youngest at the same time. Already cutting back on days worked - planned reduction of income/work by about 30% this year. I'm not yet 50.

My parents have commented that when I and my siblings left home, they suddenly found they had more money than they knew what to do with. And they were teachers!

[northernladuk]

My parents have commented that when I and my siblings left home, they suddenly found they had more money than they knew what to do with. And they were teachers!

Hope you told them the invest it. Should be a nice little pot when you get it

[PurpleGorilla]

So your retirement will be that point ? I wouldn't call it sweet

Retirement from contracting, yes perhaps.

Sweet will be easy local work for low wage but quality of life.

[darmstadt]

I usually stop working about 5 minutes after arriving there in the morning...

[BigRed]

I'd pay off the house, buy a car, have enough invested in shares to pay my annual expenditure +10% from the dividends (around 6% return if investing for dividends) then call it a day. Old age pension will kick in eventually to add a further buffer and trust that overall share prices will grow by inflation over a period.

[DimPrawn]

You stop working / earning money, when the ex-wife says it is okay for you to die.

HTH BIDI

[Andy2]

You stop working / earning money, when the ex-wife says it is okay for you to die.

HTH BIDI

alternatively, take all your money with you and retire in thailand

[diseasex]

alternatively, take all your money with you and retire in thailand

what would your wife do in thailand?

[MarillionFan]

I was basing it on a passive income of 50k per year based on savings / investments. Presently getting in 24k passive income. If we were back to 5% interest Id be right on the money, but alas no.

Gig is pretty easy. They're all ready talking extension, though the three years they mentioned earlier in the week can feck off.