was talking to my boss today and although it would change my life and i would love to win the million pound, i doubt i could retire and live a fantastic life on a million pound, my boss agreed
now before you shoot me down read on, i reckon im right, it was worked out that in todays climate winning 1 mill and to last till your 65 will give you an average of around 35k to spend a year, which is more than im on now lol
but i reckon after ive payed my debt (with mortgage over 100k) off, then i would like to move to a private estate and probably wouldnt get much change from 250k for a decent house these days, then i give my family a bit and buy a couple of nice cars there would probably be only about 500k or less left, if invested correct then that would mean only about 17.5k a year to spend, i know there would be no mortgage to pay but 17.5k a year isnt extravagant
it would change my life for better but its not a retirable amount these days (im only 32 BTW) anyone agree or am i talking bullshit
p.s, still got me lottery on tonite, fingers crossed for the 105 mill win lol
was talking to my boss today and although it would change my life and i would love to win the million pound, i doubt i could retire and live a fantastic life on a million pound, my boss agreed
now before you shoot me down read on, i reckon im right, it was worked out that in todays climate winning 1 mill and to last till your 65 will give you an average of around 35k to spend a year, which is more than im on now lol
but i reckon after ive payed my debt (with mortgage over 100k) off, then i would like to move to a private estate and probably wouldnt get much change from 250k for a decent house these days, then i give my family a bit and buy a couple of nice cars there would probably be only about 500k or less left, if invested correct then that would mean only about 17.5k a year to spend, i know there would be no mortgage to pay but 17.5k a year isnt extravagant
it would change my life for better but its not a retirable amount these days (im only 32 BTW) anyone agree or am i talking bullshit
p.s, still got me lottery on tonite, fingers crossed for the 105 mill win lol