The Retirement Thread
18 lurkers |
174 watchers
12 Jul
5:33pm, 12 Jul 2024
5,942 posts
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Ally-C
My Mrs was chatting to the Sainsbury’s delivery driver this morning and he was humming and hawing about retirement. Said his pal had been the same, never did it and just dropped dead at 60. Carpe diem. |
12 Jul
6:46pm, 12 Jul 2024
28,040 posts
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TROSaracen
At BT we had a no compulsory redundancy policy, the plan was the employees would go in a skills transition centre when their jobs went. Here they could retrain, and units recruiting had to use these employees (or make a case to justify why they couldn’t) before going externally. They were on full pay. Plan was they’d get redeployed, or get bored and leave of their own volition. Many carved out a great lifestyle, and stayed 10-15 years, doing effectively nothing. Management completely underestimated their boredom threshold and capacity to do nothing indefinitely. |
12 Jul
8:00pm, 12 Jul 2024
22 posts
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nic the fizz
Hi, I've been reading the posts for a good while. Can't afford to retire yet (turn 50 in February), but all the posts are really interesting and useful, thanks!
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12 Jul
8:21pm, 12 Jul 2024
27,061 posts
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Bazoaxe
Welcome Nic It was the lead up to my 50th that I started to realise retirement wasn’t fa away and started some real planning. |
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12 Jul
8:27pm, 12 Jul 2024
23 posts
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nic the fizz
Thank you, yes trying to start a bit of planning
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12 Jul
9:17pm, 12 Jul 2024
23,176 posts
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geordiegirl
Hi @nic the fizz we talked about it for a few years. My one regret was not getting a financial adviser sooner so if you don’t have one do… learnt so much in last 12months and what was a pipe dream is looming viable 2yrs earlier than the pipe dream.
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13 Jul
7:30pm, 13 Jul 2024
1,807 posts
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Daz Love
I turned 50 on Tuesday. I can now say that I will be retired by the time the next milestone comes round! Still hoping for 3-4 more years at work and get made redundant! I know it doesnt always happen. Been at the same place 30 years in Sept and have a pretty decent pension. Mortgae was paid off last year and I have upped the pension contributions since then. I think regardless of redundancy I could do it in 5 years time depending on markets, the redundancy would bring it forward a couple of years! |
13 Jul
7:34pm, 13 Jul 2024
55,922 posts
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EvilPixie
Good news daz
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13 Jul
7:58pm, 13 Jul 2024
27,066 posts
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Bazoaxe
Sounding good daz.
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13 Jul
8:13pm, 13 Jul 2024
23,197 posts
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geordiegirl
Really positive Daz! Do it!! My husband seems keen to either a) keep us at work or b) get us out quicker…. He’s found us a better boat ! |
Synge Useful Links
FE accepts no responsibility for external links. Or anything, really.- Money Helper
- How Much is Enough to Retire On?
- Retirement Living Standards
- How much will you need to retire?
- Free Govt website for pension advice
- SIPP pensions
- ISAs
- Check your National Insurance contributions
- Check your state pension account
- Martin Lewis on pensions
- Support and advice for those widowed under the age of 50
- Power of Attorney information
- Making the most of your retirement
- 20 tips for a happy retirement
- Married Couple's Allowance
- Aviva guide to retirement planning
- U3A
- U3A Local Sites - map
- Make a Power of Attorney
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