The Retirement Thread
2 lurkers |
174 watchers
28 Jan
5:15pm, 28 Jan 2025
6,460 posts
|
TheScribbler
We're looking at a 5-year plan to retirement. Mr S and his business partner are looking at an exit plan for their business. I'd be 58, Mr S would be 57/8 depending on when we choose to go. It's got a bit more official as they've been meeting with accountants and a financial adviser who can help with both the business and personal side of paying into and drawing out of different posts of money. I'm much happier about the thought of putting in 5 years at my current job than I would have been with my previous one. And enjoying all the tales of encouragement on this thread! |
28 Jan
7:04pm, 28 Jan 2025
31,738 posts
|
Sigh
Sounds excellent, @TheScribbler - a controlled transition into non-working life!
|
28 Jan
7:29pm, 28 Jan 2025
51,854 posts
|
HappyG(rrr)
I find work I easier to face with a planned end in sight. Now my wife and I are on same page about need to reduce costs as build up savings with a view to reduced earnings, it's easier to do the daily grind. The horizon is still 1.5 years away, so June 2026, I think. And that's barring now more financial shocks! The recent £12K scam that we fell for hasn't helped!  G
|
28 Jan
7:30pm, 28 Jan 2025
13,319 posts
|
cathrobinson
I told my boss on Friday that if I keep enjoying work, I’ll keep on doing it. He knows I was thinking 2 years, and says he’s not holding me to anything. @Sigh can you please push my date back to 2027 regardless? |
|
28 Jan
7:47pm, 28 Jan 2025
31,741 posts
|
Sigh
I've changed the date @cathrobinson , I'll move you into the correct place on the timeline when I'm on the laptop rather than my phone.
|
28 Jan
8:23pm, 28 Jan 2025
25,566 posts
|
Meglet
We’re both 54 but on track for 60. Seems ages away, which is fine by me as I like work, but suspect it will come round quickly. Also I need to plan well ahead, as a specialist dentist most of my treatments take 18-24 months to complete so the actual process of retiring could take a while!
|
29 Jan
7:37am, 29 Jan 2025
783 posts
|
OO61
Great you enjoy your work Meglet. Not just filling in time....
|
|
29 Jan
8:24am, 29 Jan 2025
25,568 posts
|
Meglet
Indeed, though I am starting to feel like it’s getting in the way of life a little! The conversation amongst friends and colleagues is very often about retirement though, we’ve definitely moved on from kids and houses.
|
29 Jan
12:27pm, 29 Jan 2025
27,837 posts
|
Angus Clydesdale
OO61 wrote: Great you enjoy your work Meglet. Not just filling in time.... Badoom-tish ~ here all week folks, don’t forget to tip your waiter ~
|
|
29 Jan
3:12pm, 29 Jan 2025
25,570 posts
|
Meglet
oh sorry, I thiink I'm immune to dentist jokes after >30y I didn't even spot it!! Mind you, I don't do fillings!
|
McGoohan 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
Related Threads
-
Any pension experts out there?
Oct 2024
-
Writing a will.
Nov 2022
-
Energy Bills
Feb 2025
-
Saving Money Tips
Aug 2023
-
Any benefit geeks can help me?
Mar 2023
-
Selling things
Feb 2023
-
Anyone here freelance or self-employed?
Jan 2024
-
Accounting Question
Oct 2017
-
How do I declare extra income to the HMRC when I've always been on PAYE?
Oct 2016
-
Helping Junior onto the housing ladder
Jan 2025