In retirement

[johngalleyfan2]

Anyone thinking of retirement at age 50 will need a 'pot' of at least a £1million to fund a half decent pension. Figures mentioned by a few above are in dreamland.

RP
any figures I have quoted are far from dreamland, any person with a half decent, no doesnt have to be even that nowadays as all projections are FSA directed, and my comment is actual growth OF £1200 I invested singularly in 1971..............past few years have been a bit slower

Note: I am no longer a licenced Financial Advisor so all comments in this post are simply my opinions

and as I have stated it is only an opinion I am giving as my Financial services licence expired some while agoand I currently rely on financial advise from my financial advisor.

what do you hope to achieve? - World domination (half way there)

what have you achieved? - 50m swimming badge

What does SL hope to achieve? - I'll give him a bell and find out

What has SL achieved? - He's engaged a minute, I'll get back to you[/QUOTE

theres hope for Blackthorn yet lol

 

[bcfcredandwhite]

I want to retire in my 50s, buy a boat and island-hop around the Greek coast.

It will be just me and the missus by then (10 years) and we will fund it partly with her pension, partly with mine, and the rest coming from the rental income from letting out my current home plus a few other property investments I have made.

I imagine waking up in the morning, with the sun shining, in a little Greek fishing village and saying 'what shall we do today? shall we go to another island? naaah, its nice here - lets stay another day....'

 

[johngalleyfan2]

By then the way things are going all the islands will be owned by the Chinese AFTER THEY BAIL OUT Greece AND YOU WILL NEED visa's and interpreters and the such like!