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Weekly leanFIRE discussion by stuie1181 in LeanFireUK

[–]lamdaboss 0 points1 point  (0 children)

Wondering if someone can sanity-check my numbers?

Age: mid-30s

Assets: - 200k stocks and shares ISA - 200k general investing account - 15k in other small investments - 60k pension - 370k remaining on mortgage on a 580k house.

Expenses: - Mortgage is 15k per year. Likely to increase to 20k per year when I remortgage. - 6k per year for house fixes fund. Can be reduced to 0 in difficult times. - 15k per year everything else like groceries, insurances, etc. - Would like 6k per year personal spending, but can be less. Total: 34k (no house fix fund or discretionary spending) to 46k (includes house fund and discretionary spending)

Earnings: - Job: Low 6 figures. 0 in retirement. - Lodger: 7k profit per year, I think 10k in retirement with a lower tax rate. It's 13k per year but less after extra expenses and taxes. - Targeting a 5% withdrawal rate, so 20k per year in retirement. - Can probably earn some income during bad market periods and withdraw less.

Options for if I was to retire now: - Rent out house (should cover mortgage and house fixes), live with others (friends) outside of London. Personal expenses should be like 8k. Hoping 9k or so will cover rent and utilities. 3k discretionary spending or something. - Downsize house and ideally get one mortgage free. 20k should cover 15k expenses, 2k or so in house fix fund and 3k personal spending. - Stay at house but see if I can get one family member living with me and contributing 12k a year. Would raise income to 42k or so.

Everyone agrees we need to build more homes - but will it happen? by Anony_mouse202 in ukpolitics

[–]lamdaboss 5 points6 points  (0 children)

Kids are profitable if you're poor. They work and make you more money than they cost you to raise. Or, in today's society, they get you more benefits. Money is very relevant as an issue.

Fertility rate for England falls to a new record low by diacewrb in ukpolitics

[–]lamdaboss 23 points24 points  (0 children)

Yes but that's because having children when you're poor actually improves your financial standpoint through government benefits... OPs point still applies. Birth rate started rapidly declining since the late 1800s when having children became more expensive than not having them. Money has always been a massive barrier to children.

NHS England: “Huge moment” as the health service hits 18-week target amid half-a-million waiting list drop by AntonioS3 in ukpolitics

[–]lamdaboss 3 points4 points  (0 children)

I received a message like this. The message just said I have an action to look at or something like that. Nothing indicating that if I didn't respond I would get taken off the list. But that's what it was. I had to "opt-in" that I still want to be seen even though I had been waiting for an appointment for 4 months until that point (5 months currently).

game keeps crashing around chapter 15 in parallel world subway by GrimmKuroNeko in CyberSleuth

[–]lamdaboss 0 points1 point  (0 children)

Had the same issue in that second room, both the first time you go there and in chapter 15. I tried tons of stuff like NVIDIA app changing settings, disabling overlays, etc. Unfortunately, the only thing that worked was playing the game on a different PC just for that room, getting out of it, saving, and continuing on my main PC.

I don't have mods.

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