Yeah but you don't say what your pension is and any bills or commitments. So we can't judge your opinion, I had a quick look at prices and clay shooting doesn't seem that expensive.
Financial advisors will happily tell you otherwise, since a few unfortunate market crashes, I have been very sceptical of claimed returns, if you win someone loses and if it were that easy everyone would be rich.
I used to be able to manage 9+% with minimal risk and almost entirely hands off. It sucks a bit for people who are responsible with their money and diligent savers/investors.
I hope someone does learn lol, it's far from simple & will only become clear for each individual with hindsight I guess. One thing I'm sure of is that your own free time increases in value as you get older.
Remember imo, your capacity for fulfillment & enjoyment degrades
, makes sense to have more free time earlier to a degree.True but again it's a very personal thing. My mum still travels all over the planet with her friends, NYC couple of years back, France before that and she is 82. My father is 78 and just bought another 911 and drives across Europe most years. My parents are separated, dad remarried mum didn't. I agree on finding time however, do not let life and work consume you, make time to do fun stuff and don't put things over experiences.Remember imo, your capacity for fulfillment & enjoyment degrades
My mum has little money, she has state pension and a small personal one and lives in a 2 bed apartment. My dad made his money in his last 10 years. His 911 was 45K, it was about the type not the value, you just chose to take it that way. My inheritance comes form being single child and 2 houses owned by my mum and dad.
How much per month is required for this existence?I'm in my 4th year of retirement and I'm 53 now so I have a certain amount of experience for this thread. I have been nodding my head at many comments and shaking my head at many others , as you do with most threads ofc
For me I paid my mortgage off before I turned 39 and then just saved whatever was left at the end of each month. Add to that my wife worked full time with the odd break of a few years here and there. I will point out I wasn't a higher rate tax payer and neither was/is she so we aren't talking big wages by any means. She gave up work 3 months ago to take a break after working solidly through covid and being put on to do more and more work until she finally said enough is enough (with me prompting her to come and enjoy the summer with me) too tempting a proposition to turn down admittedly
It really boils down to how much you value your time as you near the end of your working life/life. No one but you can put a value on what this is worth , however we all got to pay those bills. We live a simple life with no desire to spend money for spendings sake. Not interested in overtly showing off to anyone what we can or cannot afford to buy. We just go along in our little world doing what we want to do. We dont do foreign holidays, buy flashy cars, eat at top restaurants, wear labeled clothes or have the latest phones etc etc. What we do give each other is time together without pressures of work or family bearing down on us. Time is the key to having a peaceful and harmonious relationship. Time to talk and enjoy each others company and to make sure we are both moving towards the same goal in life.
You really dont need a lot in this life , people choose to make it complicated by thinking that 'luxuries' are 'essentials'
