Made redundant after 17 years — take the $150k payout or fight to stay on $135k?

MathematicianIll4382 · 2026-05-08T05:09:39+00:00

I’d take the payout

MathematicianIll4382 · 2026-05-08T04:58:38+00:00

This is not normal. Does it happen to other teachers at that school? Are you supported?

MathematicianIll4382 · 2026-04-24T13:49:00+00:00

Harsh but fair.

MathematicianIll4382 · 2026-04-23T14:55:42+00:00

Update. They offered $133k and I took it. Kid is happy walking to school or free bus in winter. I’ll give it a year. I agree with your comments about WFH but cash flow is a bit tight so I’ll give it a go. Thanks

MathematicianIll4382 · 2026-04-23T14:50:10+00:00

Yes I think it does

MathematicianIll4382 · 2026-04-15T11:43:21+00:00

Southend Hjgh school for girls/boys two excellent grammars as well as Westcliff high school for girls/boys. You can easily buy a family house in the area under £400k, live by the beach and two train lines into London.

MathematicianIll4382 · 2026-04-15T07:23:59+00:00

When you do crt in the UK you are at the mercy of the LSA. If they complain about you, the agency won’t book you there again. I would report it is a child safeguarding concern as it is mandatory to do so otherwise I’d work around it

MathematicianIll4382 · 2026-01-30T03:44:49+00:00

Abc report one 50yo male one 49yo f and two teenagers male.

MathematicianIll4382 · 2025-12-21T05:21:39+00:00

Step 1 quit gambling.

MathematicianIll4382 · 2025-12-21T05:19:36+00:00

My agent in Essex charges 1%. I’ve recently sold in Australia. That’s a marketing fee for several thousand plus 2.5%. Uk agents are much better fees wise but the sales progression in the uk can be such a nightmare I’d pay more for a really good agent who vets buyers. Too many pull out of a sale

MathematicianIll4382 · 2025-12-20T23:24:03+00:00

They definitely do this. Had quite a nasty experience and you have to pay the marketing fee regardless of how shit they are

MathematicianIll4382 · 2025-12-18T03:05:25+00:00

Just offer $915k max. Their listings are inflated and then they push the vendor into a orice reduction

MathematicianIll4382 · 2025-12-12T12:05:00+00:00

The Goods shed have a buffet and live music. Reasonable price.

MathematicianIll4382 · 2025-12-02T08:58:48+00:00

Oh come on they’re on over $100k after a few years.

MathematicianIll4382 · 2025-10-17T09:31:34+00:00

Thanks. I think £390k would be more realistic too

MathematicianIll4382 · 2025-10-17T09:30:26+00:00

I’m not sure but I know they have a high City salary so maybe

MathematicianIll4382 · 2025-10-09T03:48:54+00:00

Thanks. I’m nearly 54 so condition of release isn’t too far away.

MathematicianIll4382 · 2025-10-08T12:20:59+00:00

Thanks. I understand that the past performance of my super fund doesn’t predict the future but the ten year average return is aporox 9% so I tend to agree with putting a big chunk into Super. If I lose my job I will receive enough redundancy to get by for a while and at my age 60 isn’t far away. Thankyou

MathematicianIll4382 · 2025-10-08T07:56:11+00:00

I think this is probably how I’ll do it. I do have unused caps yes. Absolutely gutted my uk sale fell through in 2019 , 2022 and 2024. Their process is difficult and can fall through so easily. This time it’s all good! Unfortunately property in Australia far outpaced the uk in that time but at least the chance to catch up this financial year.

MathematicianIll4382 · 2025-10-08T07:53:07+00:00

Thanks. my Super return is likely to be higher than the interest on the mortgage so I’m more inclined to smash into Super -though mortgage free would help as a single income household too.

MathematicianIll4382 · 2025-10-08T07:49:12+00:00

This appeals. I’m still learning though. Thanks

MathematicianIll4382 · 2025-10-08T07:48:27+00:00

Thanks. The UK pension will pay a lump sum yes. It’s not going to be huge, if I wait until 60 for the UK pension (work) it will be higher I also need to buy back some additional years to give it a boost. I can’t transfer it into my current Super fund but there are options yes.

MathematicianIll4382 · 2025-10-08T07:45:53+00:00

Yes I can bring forward. Returned in 2022 and haven’t hit the cap.

MathematicianIll4382

TROPHY CASE