Retire early (living off savings)

[baliongo]

anonymous said:

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I currently have the spring/summer months off work and have done for the last 6 years and i can live very cheaply during those months enjoying spending much of the day in my garden looking after my ponds/lawns etc also cycling and dog walking...as soon as i go back to work during the autumn/winter my spending rises significantly with rail fares/petrol/drinks/snacks/lunch etc...fortunately my earnings during those 6 months working are decent and once the expenses are covered the rest is savings..

Edited by baliongo on Thursday 8th February 07:06

[FocusRS3]

anonymous said:

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I like the idea of part time work . What do you do can i ask ?

[PositronicRay]

anonymous said:

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This is very true, also you're mostly set up with 'stuff' so expenditure is about replacing anything knackered.

Very easy to fall into the boozy lunch thing though.

[FocusRS3]

anonymous said:

[redacted]

Will do many Tks

[cashmax]

Regarding saving money by not going to work - I strongly dispute this, my spending went through the roof once I had the time to spend money.

[PositronicRay]

cashmax said:

Regarding saving money by not going to work - I strongly dispute this, my spending went through the roof once I had the time to spend money.

If not disciplined easily done.

We've never been spenders for the sake of it, but still budgeted hard for the 1st couple of yrs whilst we settled in. Don't really give it much thought now, if it's something we want we do it.

[SCEtoAUX]

anonymous said:

[redacted]

Coffee is an interesting one. Usually £3.00 for one of those that you drink on your way to work. £15/week, £700/year, so you need to earn almost a grand to pay for them.

[Sheepshanks]

cashmax said:

Regarding saving money by not going to work - I strongly dispute this, my spending went through the roof once I had the time to spend money.

My missus is certainly doing her bit supporting the areas retail centres, coffee shops and hostelries. I'm making her go through the credit card bills line-by-line now as I'm sure she thought I didn't notice the total if she spread stuff across three credit cards and a debit card.

She used to work in a city centre and it was too easy to go shopping at lunchtime or on her way home, so I was looking forward to decreasing bills when she took early retirement.

Edited by Sheepshanks on Thursday 8th February 10:38

[mikeiow]

anonymous said:

[redacted]

Plenty of openings? That suggests it isn't all that great, surely?
My only experience with a Parish Clerk was one who behaved.....rather unilaterally....kind of felt she ran the Parish Council instead of being a "servant" of it. Too much power, it appeared.
Broke a village apart trying to find a solution to burgeoning "young people" needs (Scouting). Resulted in a large Group having to relocate outside the village, & frankly was a reason for me stepping back from a lot of the involvement: very depressing how that person could single handedly p*ss off so many good members of the community! Don't get me wrong, I am still involved, but less in the week-to-week role.
I guess/hope it is an isolated experience, I am sure there are many good ones!

cashmax said:

Regarding saving money by not going to work - I strongly dispute this, my spending went through the roof once I had the time to spend money.

Ahhh, but that will be your discretionary spending, rather than "must spend".....you just have expensive tastes!!

[anonymous-user]

Sheepshanks said:

cashmax said:

Regarding saving money by not going to work - I strongly dispute this, my spending went through the roof once I had the time to spend money.

My missus is certainly doing her bit supporting the areas retail centres, coffee shops and hostelries. I'm making her go through the credit card bills line-by-line now as I'm sure she thought I didn't notice the total if she spread stuff across three credit cards and a debit card.

She used to work in a city centre and it was too easy to go shopping at lunchtime or on her way home, so I was looking forward to decreasing bills when she took early retirement.

Edited by Sheepshanks on Thursday 8th February 10:38

I've been retired for one year now and 'our' spending has gone down loads. Because we have more time for leisure we actually spend more time outside - walking, exploring new areas, doing stuff with wildlife - doing things that cost very little or nothing.

My potential big spending however, new sports car wanted, may rise

[PositronicRay]

garyhun said:

Sheepshanks said:

cashmax said:

Regarding saving money by not going to work - I strongly dispute this, my spending went through the roof once I had the time to spend money.

My missus is certainly doing her bit supporting the areas retail centres, coffee shops and hostelries. I'm making her go through the credit card bills line-by-line now as I'm sure she thought I didn't notice the total if she spread stuff across three credit cards and a debit card.

She used to work in a city centre and it was too easy to go shopping at lunchtime or on her way home, so I was looking forward to decreasing bills when she took early retirement.

Edited by Sheepshanks on Thursday 8th February 10:38

I've been retired for one year now and 'our' spending has gone down loads. Because we have more time for leisure we actually spend more time outside - walking, exploring new areas, doing stuff with wildlife - doing things that cost very little or nothing.

My potential big spending however, new sports car wanted, may rise

Quite agree. Spending your time going through credit card bills 'line by line' just doesn't sound much fun.