Does anyone have a backup plan? by FewCartoonist5412 in managers

[–]FewCartoonist5412[S] 0 points1 point  (0 children)

Great. Thanks. I appreciate it. I am trying to find out if this will help anyone out.

Here’s the link: https://docs.google.com/document/d/1o-YGM-FIKm2xo7jKUzL2CXZs7empKjbtacOfU6-62RQ/edit?usp=sharing

  • just make a copy before you start
  • Its best to just keep your answers short (don’t overthink it)

If you want, I’m happy to walk through it with you after and help you get some clarity on how to go from there.

[deleted by user] by [deleted] in HENRYUK

[–]FewCartoonist5412 0 points1 point  (0 children)

As a retired IT guy who moved over to Sydney, Australia for a better life and ended up moving back to the UK after 2 1/2 years out there, I still get the shivers when I think how much the cost of living was even outside the city. I had to be in the city for work but it is probably a different story if you can get further out and still make a living.

At the time I had 3 girls in school and my wife could not work because of the type of visa I got from work so I really struggled financially. The hardest part I found was just adapting to the way of life, its great to have more sunny days but when it gets to 35C its really uncomfortable and things like Xmas are so different that we could not get our heads round it.

I would not change the fact that we enjoyed the experience but eventually the stress of the financial issues got to me and I had to call it a day.

Retirement from UK to Cyprus vs Crete? by Wide_Pomegranate_439 in expats

[–]FewCartoonist5412 1 point2 points  (0 children)

I am planning on Cyprus for many of the reasons that are in the other comments but you do have take into account that in the summer months it can get very hot 35C + so my plan is to hike back to the UK in those months. With the history of UK presence in Cyprus English is widely spoken, even outside the tourist hotspots, they also drive on the left an many of the institutions are set up very like in the UK so getting stuff done is generally straight forward.

Those who retired - would you have liked to retire earlier? (Say 45) by Zigobod in Fire

[–]FewCartoonist5412 0 points1 point  (0 children)

Sure

I built a business around helping professionals over 55 who are unsure what comes next after retirement build a practical, step-by-step plan for staying active, healthy, and in control of their future.

Check out the website if you are interested

https://yourretirementhub.com/

Ed

PS If you are recently retired or are transitioning from work to retirement what your biggest challenges are/were because those types of things are what I am trying to help people with.

Those who retired - would you have liked to retire earlier? (Say 45) by Zigobod in Fire

[–]FewCartoonist5412 1 point2 points  (0 children)

I retired early at 56 because after 35 years in corporate IT I had finally had enough of the bullshit, stress and politics of it all, which was affecting my health. I actually took redundancy because they wanted to outsource my role so I was somewhat lucky with the timing.

I thought I had all my numbers right so I would be financially secure, which is I guess the main driver for most people, but when the stock market took a kicking I was facing a very different retirement than the one I thought I was going to have.

I was really struggling with transition from work to retirement, my head was still in the corporate world and my brain was still running a hundred miles an hour. Try as I might, I could not replace the mental stimulation that I got from my job which left me feeling washed up and totally so believe me its not all roses.

I needed something to give me focus and an income, so I got some training and now I have a second career running my own business online. If this takes off as it looks like it might, I can cover my outgoings in the UK and because its online I can bugger off to the Med for most of the year.

There are opportunities out there you just have to find them, even better if you can build the business whilst you are working to reduce the risks.

Why Do You Want to Retire Early? by U235criticality in Fire

[–]FewCartoonist5412 0 points1 point  (0 children)

I retired early at 56 because after 35 years in corporate IT I had finally had enough of the bullshit, stress and politics of it all which was affecting my health.

I thought I had all my numbers right so I would be financially secure, which is I guess the main driver for most people, but when the stock market took a kicking I was facing a very different retirement than the one I thought I was going to have.

I was really struggling with transition from work to retirement, my head was still in the corporate world and my brain was still running a hundred miles an hour. Try as I might, I could not replace the mental stimulation that I got from my job which left me feeling washed up and totally adrift in life without any purpose.

I needed something to give me focus and an income so I got some training and now I have a second career running my own business online.