4th estate
Registered User
- Messages
- 162
Age 51
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 75,000
Annual gross income of spouse:n/a
Type of employment: e.g. Civil Servant, self-employed - employee
In general are you:
(a) spending more than you earn, or
(b) saving? Saving
Rough estimate of value of home 320,000
Amount outstanding on your mortgage: Nil
What interest rate are you paying?
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments: 20,000 Savings Certificates
35,000 various deposits, ,5,000 Prize bonds
Do you have a pension scheme? Yes
Do you own any investment or other property? No
Ages of children:
Life insurance:
What specific question do you have or what issues are of concern to you?
If I retired on next birthday 52 I would have an income of 30,000 gross
I believe I could live comfortably on that, but I don't know. Am so tempted to opt out of the rat race, but would like to know if anyone else has taken the plunge at such a drop in salary.
My full time salary should mean I would have accumulated much more savings, but a lot of that in the last few years went into refurbishment, and paying off debts and the mortgage.
I am debt free and my only extravagance is a holiday - short haul one year and long haul the next. Plus the occasional dinner party with friends, don't do pubs.
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 75,000
Annual gross income of spouse:n/a
Type of employment: e.g. Civil Servant, self-employed - employee
In general are you:
(a) spending more than you earn, or
(b) saving? Saving
Rough estimate of value of home 320,000
Amount outstanding on your mortgage: Nil
What interest rate are you paying?
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments: 20,000 Savings Certificates
35,000 various deposits, ,5,000 Prize bonds
Do you have a pension scheme? Yes
Do you own any investment or other property? No
Ages of children:
Life insurance:
What specific question do you have or what issues are of concern to you?
If I retired on next birthday 52 I would have an income of 30,000 gross
I believe I could live comfortably on that, but I don't know. Am so tempted to opt out of the rat race, but would like to know if anyone else has taken the plunge at such a drop in salary.
My full time salary should mean I would have accumulated much more savings, but a lot of that in the last few years went into refurbishment, and paying off debts and the mortgage.
I am debt free and my only extravagance is a holiday - short haul one year and long haul the next. Plus the occasional dinner party with friends, don't do pubs.