Originally Posted by
donsdaft
I'll be able to retire .....if the doc gives me 3 months to live.
Even then only if I tell the government to stuff their repayments on the bounce back loan.
Actually, I'm ALWAYS on about retiring, but this would seem a dodgy time to do it.
INFLATION is the latest wolf at the door.
My folks sold their flat in Rosemount in 1969 for £950
They were hoping for £1000 but no chance, the lack of that £50 cause a lot of problems.
Still, before you think my rambling is getting worse.
If you had retired in 1969 with £1000 in the bank, you would have been forgiven for believing that that was enough to "see you oot".
The price of a flat in the bank.....today's equivalent must be around £150,000
If I had £150,000 in the bank I would certainly consider retirement.
Now, before long, that £1000, instead of being the nest egg you thought it would be, was not much more than a months wages.
I accept that Vintage is going to answer this with exact figures of average earnings but you get the general jist.
BEWARE INFLATION !
It's time to stay in the game, not pack it in.
As a small aside.
If and when I am found dead in the back shop, halfway through a particularly awkward rimless, don't let anyone tell you "it's how he would have wanted to go"
Because it f'uckin isn't.