Xela Posted April 16 Share Posted April 16 15 hours ago, CVByrne said: The big issue with increasing these type of living expenses is you then will always require income to that level, you won't want to "drop down". All your spare cash between you outgoings and incomings should just go straight into mostly you Pension. By far most tax efficient and can afford you early retirement if you are wise enough throughout your life. Good points. Luckily I spend less now than I did when i was earning half my current salary! I've completely checked out of the materialistic life. Never mind keeping up the neighbours, i'm sure mine think i'm the local bag lady with a beard! Yes on the pension (got over 20% going into mine) but caveated with the fact it will be locked away to pensionable age. If you want to retire earlier, at say 50, you'll need some funds to be able to see you through until you can access it. Link to comment Share on other sites More sharing options...
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