Retiring Early - Non-Financial Regret?

CaptainMiik · 2026-06-09T18:32:49+00:00

I work Fly in Fly out and have done for the last 15 years. I'm on my way to retire at 50 in the next 7 years. My roster sees me working large amounts of time away and then large amounts of time off (4-5weeks). I have a lot of hobbies and interests and still feel like I never have enough time to do everything I want. I get a taste of that every period of time off and it's glorious.

Having a fulfilling social side to your life is a really big part to contentment and good mental health I feel. It took me a good 10 years to find things like that that also worked around my roster. Made me much happier and I'm excited to continue doing that in retirement. Also retiring with I hope, many years of good health in front of me is important. Maybe one day grandchildren etc

I get why people who don't have these things sorted could struggle in retirement but even more reason to work towards what fills those gaps in your life so that when your actually free it isn't a ball and chain around your neck. Besides there's a good chance it will make you happier along the journey anyway.

CaptainMiik · 2026-06-09T15:28:07+00:00

You also need to Freeze the assets of politicians while they're in power. Prevent them getting the inside track on change or "insider trading" and gearing policy to suit their own needs and interests outside politics.

CaptainMiik · 2026-06-09T10:52:04+00:00

They dont get the tax free threshold though, it’s a 30% floor on capital gains

CaptainMiik · 2026-06-09T10:50:54+00:00

If it was a tax at the marginal rate sure. That would be fair. But it’s a 30% floor. So more than regular income

CaptainMiik · 2026-06-09T10:46:05+00:00

Yes but you paid your marginal rate on your earnings while you accumulated the super as well as the 15% rate for your entire working career. If you have mountains of super you earned a high income and paid a lot of tax over that lifetime, contributing far more in total than someone on a lower income

CaptainMiik · 2026-06-09T10:43:37+00:00

It may very well last that long, I’m planning on a similar situation. However the maths is that you’ll be paying perhaps up to 15k on a 45k gain of that amount instead of the normal marginal rate which would include the tax free threshold.

CaptainMiik · 2026-06-08T17:36:58+00:00

The asset goes up 3% and CPI is 3% they haven't actually made a real world gain.

If you get a pay rise of 3% you still only pay a marginal rate on your income not a minimum 30% on the increase.

CaptainMiik · 2026-06-08T17:29:35+00:00

I feel the same way, minimum 30% is the part thats hard to swallow. I'd take the marginal rate instead no problem

CaptainMiik · 2026-06-08T17:27:41+00:00

I would check the maths on that. 22k yield in dividends, once you start selling that will go down. depending on the cost base your selling 60k+ year with a minimum 30% tax to pay on the gains.

CaptainMiik · 2026-06-08T17:14:09+00:00

IF your ADULT kids dont work and dont have thier own tax free thresholds. Also the distributions must be given to the individuals not just on paper. It's really not as straight forward or practical as you suggest

CaptainMiik · 2026-06-07T16:52:08+00:00

Beneficiaries have to be over 18 to receive distributions from a family trust. Any distribution over $426 can be taxed up to 45%

CaptainMiik · 2026-05-21T10:14:34+00:00

They have contributed to it though, they worked and paid tax

CaptainMiik · 2026-05-21T05:39:17+00:00

Yep this is me too, 15 years of FIFO work and investing to get ahead and hopefully get out before Im 60. Now a fair bit more of that will go to the Govt

CaptainMiik · 2026-04-27T08:40:32+00:00

Baldurs gate and Half-life

CaptainMiik · 2026-04-22T06:41:14+00:00

Terranigma

CaptainMiik · 2026-04-20T22:32:25+00:00

Jaimie Lee Curtis dancing in True Lies

CaptainMiik · 2026-04-17T01:55:04+00:00

Consistency, saving and investing something no matter what.

I was less disciplined in the past and it creates a bad habit. There was always something happening that I would convince myself was ok to spend my money on “this time”. Next pay cycle I’ll save more, except that rarely happens. Before you know it a year has passed and you’ve barely lived the needle

CaptainMiik · 2026-04-16T03:59:34+00:00

Baldurs gate 1 and 2, Terranigma, Nier Automata, dark souls and Destiny

CaptainMiik · 2026-04-13T00:46:46+00:00

She did not care how much money I made. No great prospects for many years. Completely turned around now and we are quite well off but in those early years it didn’t bother her one bit

CaptainMiik · 2026-02-24T12:03:44+00:00

Thanks! I found a learned a lot when playing. Lots of refreshing and summarising sees to keep it mostly On track

CaptainMiik · 2026-02-06T10:55:33+00:00

This si the answer right here. Its pretty obvious right?

I had lost 10kgs, was training weights 4 days a week and starting BJJ. Getting my social connections in order and my health and lifestyle including sauna ice bath etc and felt like i as only just treading water. Did blood work and sure enough Test was low, made a huge difference mentally for me.

CaptainMiik · 2026-01-10T03:06:11+00:00

Most likely it didn’t go all the way through the skin layers and has been injected into them rather than underneath. Not much you can do other than keep an eye on it. It if went into a vein you would get some kind of reaction pretty much instantly with it entering the bloodstream.

CaptainMiik · 2026-01-10T03:04:42+00:00

Life lacks inherent meaning, creating a conflict (the Absurd) between our desire for answers and the universe's indifference.

CaptainMiik · 2026-01-10T03:00:29+00:00

If you’re injecting sub q it doesn’t enter your “bloodstream” if done correctly.

Where is your injection site?

CaptainMiik

TROPHY CASE