Originally posted by zara_backdog
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Have you been spying on me ? 
Where do you live?
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Well, even at 1%, £5m gives enough for a reasonable lifestyle... if you already have a property or even renting outside expensive cities.
But I wouldn't want to stop doing software. With maybe £1m saved, or even 1/2 that, I'd stop getting paid work and take maybe a year to do my own stuff, and see how that goes.Leave a comment:
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Have you been spying on me ?Originally posted by thelace View Post42 - 28 - 38
Would help if she was loaded
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When I was a permie I was on good money.
One day (many, many moons ago) I phoned my parents to announce I had had a pay rise and was now on £10,000. I was seriously loaded; earning many times more than my mates.
"Brownie," said my Mum. "Your father and I agreed when you were born, that we would retire when he finally made it to £10,000 per year. Now he's paying that in tax and we've no savings to speak of."
Now I consider £10K to be more like an annual VAT bill.
When at college, we worked out how, with £1,000,000 capital, you would never have to work again. Just live off the interest on the interest. What's the interest rate these days? Is it 0.5%? That about £2 per week!
Work till you drop. It's the only option.Leave a comment:
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I do, but it's a bit like constellation of Orion - It hovers over my head out of reach, and never seems to get any nearer
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Yes, when the mortgage is gone I'm joining the public sector for a nice long holiday until I retire on a final salary pension.Leave a comment:
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Do you have a 'figure'?
A final checkout number?
"When I get to £X.xm I'm off travelling forever...."
T
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