tag:blogger.com,1999:blog-2875915890415125655.post8450157862229352518..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: The Two Phases of Wealth BuildingRetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-2875915890415125655.post-15094814535040183572014-08-31T15:19:51.117+01:002014-08-31T15:19:51.117+01:00I really need to earn more... all in good time I s...I really need to earn more... all in good time I suppose, at least thanks to RIT and Monevator and all of those who share the mantra of FI, i'll know what to do when I get there. Keep up the good work RIT. Glad to be reading your posts again. <br /><br />GrandGrandnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-85614021019128346172014-08-28T04:57:34.202+01:002014-08-28T04:57:34.202+01:00Dear RIT,
I am a big fan of your blog. Great analy...Dear RIT,<br />I am a big fan of your blog. Great analysis and thought out posts. The following is not a comment or question to your present post, but rather a question on investment tracking.<br /><br />Since you obviousy are very well on top of how your investments in different asset classes are doing, I wonder whether you would be willing to share your method of tracking? I ask since I am Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-86745172779264619502014-08-27T12:42:42.621+01:002014-08-27T12:42:42.621+01:00Hi RJ
I didn't include State Pension in the A...Hi RJ<br /><br />I didn't include State Pension in the Average Joe (to be clear and as detailed in the comments above this is not my retirement planning scenario but just an example to demonstrate the 2 phases) example as that's something we, particularly if we are some way off State Pension Age, cannot "control". Additionally, all governments have demonstrated a willingness toRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-31735845224780633982014-08-27T11:55:21.576+01:002014-08-27T11:55:21.576+01:00RIT: You didn't include the state pension in y...RIT: You didn't include the state pension in your retirement income. I seem to remember that nice Mr Clegg saying something about £7000 p.a. or was I dreaming, or are you being pessimistic about the prospects of every getting that?RJhttps://www.blogger.com/profile/13871618901190898384noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-54841823441227326422014-08-26T19:00:48.469+01:002014-08-26T19:00:48.469+01:00As someone in their early 60s, I suppose I fall in...As someone in their early 60s, I suppose I fall into this category but I would not regard myself as either selfish or immature.<br /><br />Having left school at the age of 16yrs, I have worked hard for the next 40 yrs paying taxes and NI to fund the welfare state and helping to pay the pension for those who went before and who fought in two world wars.<br /><br />Rather than destroying the futureGetting to Net Zerohttps://www.blogger.com/profile/05649975918886866788noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-14248613850598420232014-08-26T14:01:48.825+01:002014-08-26T14:01:48.825+01:00@Original Commenter
I'm not sure if you are a...@Original Commenter<br /><br />I'm not sure if you are a troll or just angry. Either has no place on this site. I contemplated deleting your post but so far since starting this blog I've only had to delete spam so I won't (yet).<br /><br />If you would like to get involved in the discussion I would ask you to be pleasent and respectful to both me and all the readers. That way we RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-68273488647270061122014-08-26T13:45:03.040+01:002014-08-26T13:45:03.040+01:00Hi Anonymous
Did you read my above reply to Anony...Hi Anonymous<br /><br />Did you read my above reply to Anonymous 1, particularly the first paragraph? The answer to your hypothesis is that it's none of your choices. Every single one of us will have a different unique sum of money which is based on many variables within our lives and only we can individually calculate it. It is the reason I try not to talk in £'s but rather RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-76812691133579987962014-08-26T13:41:53.405+01:002014-08-26T13:41:53.405+01:00Nice troll. Why does this apply to baby boomers? I...Nice troll. Why does this apply to baby boomers? I'm 32. It describes what i've been doing for the last 7 years.<br /><br />My half of the household bills, including food = £300 per month.<br />My half of a modest mortgage on a nice house = £320 per month.<br /><br />Everything else is a luxury that I decide how to spend, or save. <br /><br />I run a cheap car, take great holidays, and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-77095905249256068302014-08-26T09:56:56.579+01:002014-08-26T09:56:56.579+01:00You baby boomers are the most selfish generation t...You baby boomers are the most selfish generation to ever exist. You destroyed your own children's and grandchildren's future with your short-sighted selfishness and immaturity. And then you expect them to pay for your retirement????<br /><br />Can you baby boomers just hurry up and drop dead, please?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-6863989810161823712014-08-26T08:37:13.161+01:002014-08-26T08:37:13.161+01:00I have been a fan of your blog for a couple of yea...I have been a fan of your blog for a couple of years so I'm afraid there is a "but" coming. The goal posts in terms of the sum of money needed for financial indepence seem to be awfully fuzzy. First its £640k, then its £640k plus another £50k for a flat. Then its £640k each for a couple plus another £50k for a flat, so about US$2m. Based on my own analysis, albeit a bit of a fag Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-65968044777329445682014-08-25T11:22:10.551+01:002014-08-25T11:22:10.551+01:00Unfortunately I can't answer that question. I...Unfortunately I can't answer that question. It's a question that each and every one of us has to answer for ourselves after doing our own research. This is one of the reasons that I usually only talk in percentages rather than absolutes. We're all different.<br /><br />With this post I wanted to bring the higher rate tax pre-retirement and basic rate tax post-retirement discussion RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-61068201065728069742014-08-24T21:21:08.387+01:002014-08-24T21:21:08.387+01:00Is that £16,000 a year in today's money going ...Is that £16,000 a year in today's money going to be enough? You don't seem to have included the cost of a house in there. Everyone needs somewhere to live?Anonymousnoreply@blogger.com