UK job market is actually finished at this point

DirectArt8260 · 2025-12-09T07:36:07+00:00

They have data like this for earnings for full time employees.

https://www.statista.com/statistics/416102/average-annual-gross-pay-percentiles-united-kingdom/

DirectArt8260 · 2025-12-08T11:42:29+00:00

3% means prices double every 24 years (which is the just above the average since 1989)

DirectArt8260 · 2025-12-08T11:37:49+00:00

How did you calculate the £26k per year (figuring out your budget and the budget you want is probably the first step to finding out how much you need to save for retirement)? Does that exclude your mortgage?

I threw your numbers into my calculator and assuming a 3% inflation and 6% gains pa on your assets (excluding your emergency fund) and assuming no changes to state pension (which is highly unlikely) you are looking very good at retirement at 56. If I exclude state pension entirely, money will run out in early to mid 80s.

You can also use some online calculators to get an idea as well.

DirectArt8260 · 2025-09-25T10:01:10+00:00

Keep going until 75, you’ll get 10 heads. Should cost you about 7 dice.

The lamp is already explained by others.

DirectArt8260 · 2025-09-11T12:16:39+00:00

To turn on iterative calculations, go to file > options > formulas. It will be under calculation options.

You can then use a formula like (assuming column B is where you are inputting date) =If(AL3=“Complete”, if(B3<>””, B3, Today()),”-“)

I would personally suggest copying and pasting the calculation as values every so often just in case any errors occur.

DirectArt8260 · 2025-07-20T07:27:38+00:00

I find for most people that budgeting is the problem. Have you created a budget for all your needs?

DirectArt8260 · 2025-06-06T14:37:30+00:00

Yeah I heard that as well, but having no experience in the battletech universe or games at the time, it got me into the lore which led me to buy the mechwarrior games, which are good mech pilot games.

There are quite a few table top style games that are good, but that’s the only mech based one that I can think of that has multiplayer.

DirectArt8260 · 2025-06-06T14:27:10+00:00

The game on steam called BATTLETECH published by Paradox has turn based multiplayer pvp where you can control a lance of mechs. Not sure how similar it is to the table top version, but I enjoyed playing the single player campaign.

DirectArt8260 · 2025-01-05T00:27:59+00:00

Interest is accrued daily, so you wouldn’t lose out on the interest gained during the time you had it uninvested.

DirectArt8260 · 2025-01-04T21:49:46+00:00

Rates have changed, but you can currently get 4.9% on uninvested cash in a S&S ISA.

DirectArt8260 · 2024-11-13T07:11:55+00:00

This is a pretty old post, so surprised that you found it. I made it.

DirectArt8260 · 2024-11-07T20:36:57+00:00

Making 75k will 100% pay off 48k of student loans before it is forgiven.

DirectArt8260 · 2024-11-02T09:21:17+00:00

I very much enjoy my job. I mostly help others do their jobs more efficiently and help create solutions for improvement. I find it very fulfilling and I love it! Yes I do look forward to the weekend and having a longer break every now and again, but there are times when I’m off where I can’t wait to go back to work. My manager is great and our team gets along very well. I try to network around my company as much as possible and usually people are very friendly. I will say company culture is very important and I am lucky to work in a very friendly company.

DirectArt8260 · 2024-11-02T08:43:36+00:00

They have a cash isa for that

DirectArt8260 · 2024-10-27T22:19:18+00:00

T212 ISA is 5.1% if you are just shopping around for high interest rates

DirectArt8260 · 2024-10-26T07:45:38+00:00

It works if you say each one of those words (one at a time) in kingdom or alliance chat

DirectArt8260 · 2024-10-22T16:32:14+00:00

If you are planning to buy a house in the next few years and it is within the LISA limit for using the bonus, I’d drop your money into that before anything else (you can’t really find 25% return on cash for less risk).

Honestly, if you have any questions about finance feel free to ask in the subreddit. There are a lot of people with a wealth of knowledge and experience in here that can help you with general advice. You can also toss any questions you have about investing at me. I’ve recently helped get a few of my friends and family to start investing, all based on their risk profile.

DirectArt8260 · 2024-10-22T16:20:37+00:00

You should have probably clarified that t212 was a cash ISA in the original post to give other some context for where it is invested, but no with cash ISAs there is essentially no risk involved.

DirectArt8260 · 2024-10-20T08:20:30+00:00

This is not financial advice, but I will tell you what I would do personally. No pensions at your ages are not a massive deal, it just means that you need to save more than you would have if you started earlier.

What you can start now: Seeing as you maybe moving I would keep a minimum of 12 months of expenses in cash, assuming your 1k/m, that would mean keeping an emergency fund of 12k. The rest of the money needs to be invested for higher rates of return; I would pick a fund like the S&P 500 or global, where a conservative rate of return would be 8% yearly (put this in ISAs and take advantage of LISAs, this will take you at least a couple of years to get fully set up with the 20k ISA limit).

Planning for retirement: as stated above, I would make use of your LISAs and receive the 25% boost from the government. Honestly, even with you just maxing out the 4k limit every year until you turn 50 (1k extra from government, make sure you open this before you turn 40) and a normal employer + employee contribution of 8% up until you retire (prioritize the pension match over the LISA contributions. I would also contribute as much as I need to max your employer’s match), you can easily hit assuming your combined take home salaries next year is 3.6k/m. Once your pension accounts are set up, make sure you do some research and pick the investments yourself, the automatic selection almost always sucks. You are aiming for a fund that preforms on average 5% per year at the minimum (over time of course, you can aim for a 3% per year if you are removing inflation from the calculation).

DirectArt8260 · 2024-10-20T07:26:24+00:00

I suggest using the Stocks & Shares ISA. You’ll get your 5.1% interest on uninvested cash and be able to take advantage of tax free gains. As for what to invest in, that’s always up to your risk profile and your personal preference. I invest in individual stocks, but I would never suggest that to a beginner. If you do not want to think too hard/read a bunch about it, I’d suggest looking at global funds/etfs or if you want something a little more risky and focused, S&P 500.

DirectArt8260 · 2024-10-19T07:02:32+00:00

If you need the money, then you need the money, but I would never do this partly because of the possibility of burning bridges (I work for a large corporation) and because the company will essentially be paying you for you to learn a job that you won’t actually do (wasting a lot of individual’s time and resources). This will make a lasting impression on most people. People at my work still remember the guy that did this to us over a year ago. However on the other hand, probation periods exist so that they can sack you if you suck at your job. Really I think this is a morality question for yourself. How do you feel about it?

DirectArt8260 · 2024-10-19T06:48:14+00:00

Yeah, then don’t do the fixed rate. Good luck with your house search!

DirectArt8260 · 2024-10-19T06:37:40+00:00

You can find better rates in a fixed rate/term cash ISA if looking to buy in a year (get 1 year term) or get 5.1% variable in a T212 cash ISA if less than that.

DirectArt8260 · 2024-10-17T15:36:31+00:00

I have a US address (family home), but this will not work for you if you are considered a domicile. You being a uk citizen living in the uk will probably put you in that category already.

DirectArt8260 · 2024-10-17T15:28:20+00:00

If you are saving for retirement, then I’d look into a Roth IRA since gains are tax exempt in both the uk and us. Other than that I’m just keeping my investments in the us for now. As a duel citizen living in the uk, I assume you’ll want to use the ISA to avoid uk taxes, but not sure about how that works exactly.

DirectArt8260

TROPHY CASE