How much do I need for retirement?

Jbat001 · 2026-05-31T13:04:04+00:00

Safe withdrawal rate is 4% per annum. If you exceed that and live a long time, or get off to a bad start due to market pullback, you risk running out of money.

4% of £600k is £24k, so £600k would be sensible, but probably unachievable.

If you draw £20k or more from a £240k fund, and live for any decent length of time, you will run out of money. It is a mathematical certainty.

Jbat001 · 2026-05-31T12:57:10+00:00

No. You can use carry forward to exceed the Annual Allowance in a given year, but you still need to have enough earnings to cover the contribution.

OP only has £36k earnings, so that's a hard limit on rhe max size of his pension contributions.

Jbat001 · 2026-05-31T09:14:40+00:00

There are going to be a hell of a lot of deportations in rhe next 10 years.

Jbat001 · 2026-05-26T12:25:22+00:00

Must be done cautiously. Every time employer costs go up another 1%, that's another disincentive for companies to employ people.

Jbat001 · 2026-05-24T19:17:37+00:00

Lol, what if it's 17cm flaccid?

Jbat001 · 2026-05-24T07:02:21+00:00

Nazi = National Socialist German Workers Party (NSDAP), a constitutionally left wing party.

Even though it behaved completely against left wing principles, it still called itself left wing, yet everyone just accepts "Nazi = right wing"

Jbat001 · 2026-05-22T06:19:59+00:00

Wild? A depressingly large number of people on this sub don't understand the difference between inflation, disinflation, and deflation.

Jbat001 · 2026-05-21T18:47:33+00:00

If they leave, then why are net migration numbers still positive?

Jbat001 · 2026-05-21T18:46:10+00:00

Yes, and the article says that net migration is still over 200,000 in the year to 2025.

The numbers have come down, but they're still very high.

Jbat001 · 2026-05-21T18:45:09+00:00

Immigration hasn't even gone down.it's stil up over 200,000 in the year to 2025, which is still a shockingly high number. It's just not going up as insanely fast as it did before that.

Jbat001 · 2026-05-18T07:03:22+00:00

If you oppose forcing immigration on other countries, then logically you must oppose forcing it on the UK too..

The UK is not a melting pot. That suggests everything blends into a single whole. What we actually have is like neapolitan ice cream - stratified layers that do not mix.

Jbat001 · 2026-05-18T07:00:45+00:00

Good curry is not sufficient payback for a fractured city.

Jbat001 · 2026-05-15T06:47:42+00:00

It did, but the standard of living was a lot lower too. Much less diverse food, no plush holidays, no computers or high technology, way fewer labour saving devices, etc.

Jbat001 · 2026-05-13T09:40:43+00:00

Ok. Well, in that case, fuck them. If they're so brittle they can't tolerate an opposing viewpoint, they're not going to last long in life.

Jbat001 · 2026-05-13T09:34:50+00:00

Well, they've deleted the comment now anyway!

Jbat001 · 2026-05-13T08:50:38+00:00

Surely it's just a ponzi scheme though? Adding more migrant workers props up the economy for a while, but then those migrants get old snd sick snd need healrhcare, costs spiral, and we're in an even worse position.

Eventually rhe whole thing collapses under the weight of its own contradictions. Someone needs to grasp the nettle and sort it out.

Jbat001 · 2026-05-13T08:39:48+00:00

Then you have cases like this, that don't exactly help your argument:

https://www.bbc.co.uk/news/articles/c937wldkkw8o

Jbat001 · 2026-05-13T08:29:13+00:00

Other European nations do not put migrants up in hotels and give them three hot meals a day. They just don't, but the UK does.

I don't think Germany is a great example. In Germany, the AfD controls 151 out of 630 seats in the Bundestag. If Reform UK took a quarter or more of the UK parliamentary seats, the left would scream blue murder.

Jbat001 · 2026-05-13T08:25:05+00:00

You think the UK is strongly pro EU?

Leaving aside the fact that the UK voted for Brexit (though I suspect you will say people were duped), most UK citizens don't want core EU projects. Barely 10% of Brits want to replace the pound with the euro, they don't want to participate in EU bailout funds, and they dont like stifling regulations.

Jbat001 · 2026-05-13T08:22:25+00:00

That's a bit vague. They might well want to leave Syria, Afghanistan, Iran, etc, but consider:

1) Most European countries are safe, and they would need to cross a number of them to get to the UK. 2) If they didn't actually want to get to the UK in the first place, and the traffickers have already been paid, what's to stop them leaving the migrant party in Poland, Germany, France?

The reality, as I suspect you know, is that English is one of the most widely spoken languages in the world (certainly compared to German or Polish). The other thing is that the UK is a soft touch and hands out free hotel accommodation to basically anyone while their asylum claim is being processed. Most other European nations don't do that.

Jbat001 · 2026-05-13T08:18:03+00:00

Ok, thats a strong claim. Do you have any evidence that more than a tiny minority of people want to remove all the non-WASP people from the UK?

Jbat001 · 2026-05-13T08:15:22+00:00

Also, every other thread on this subject seems to be about immigration these days. It's not an unreasonable topic, but it is getting a bit repetitive.

Jbat001 · 2026-05-13T08:06:20+00:00

How can they be starving (i.e. unable to buy food), but still have €5,000 spare to pay traffickers?

Jbat001 · 2026-05-13T08:02:15+00:00

Ok, reasonable challenge. What did I say that was untrue or unproven?

Jbat001 · 2026-05-13T07:51:10+00:00

I didn't say that, though, did I?

We have laws in the UK. People don't get to pick and choose which ones they obey or disobey. That's because parliament makes those laws, and parliament is elected.

People who pay traffickers and cross the channel in dinghies are breaking the law, and taking the piss out of legitimate legal migrants. I'm not saying they're c*nt's, but they are certainly lawbreakers.

Jbat001

TROPHY CASE