|FIRE to a Spanish Island?
In recent weeks it’s become particularly real as I’ve started to tick off things that I’m doing for the last time. On the work front it’s been about setting 2018 plans and objectives. It’s been quite a surreal feeling knowing that I’m signing up for something that somebody else will ultimately be responsible for delivering. What I’ve found interesting is that I’ve actually found myself fighting harder for reasonableness than ever before. I think this is for two reasons. Firstly, I have nothing to lose given my current FU Money position. Secondly, I don’t to be remembered as “the b*stard that sold us out before riding off into the sunset”.
On the home front it’s also been interesting. We have rented in the South East of England for a number of years now. A decision that in hindsight has resulted in us leaving a lot of money on the table but that’s for another day. For the second time the place we rent has been sold after the fixed term portion of our tenancy had expired. On the first occasion we had to move but on this occasion the place was bought by another investor. Their initial welcome to us was a requirement to sign up to a new Assured Shorthold Tenancy (AST) or we could have an ‘S21’ (for the home owners out there a Section 21 is the tool landlords use to evict tenants after a fixed term tenancy ends). The problem was they wanted the AST to be for 12 months. It’s been a difficult negotiation but we’ve ended up with a 6 month break clause which has cost us £25 a month in rent payments. Not perfect but it’ll work for us.
The choice of our initial FIRE location is one area where we haven’t done it for the last time and we’d wanted to have this finalised by the New Year. In recent days we’ve been pulling all our thoughts together and have ended up with a monster Pugh Matrix which tries to cover both head and heart but it’s raised as many questions as given answers. Don’t get me wrong. Any of the choices will be fabulous and home is largely where you make it but at the same time we want to try and pick the place that works the best for us. The end result is a final research visit to a part of Spain that we haven’t been to before but which shares something in common with other Med places we’ve loved / we love. We’ll do that very early in the New Year and then we’ll need to be getting on with it.
Speaking of the New Year. I’d like to take this opportunity to wish all readers a very healthy and prosperous 2018 that’s full of success, fun, laughs and love. I know for us it’s definitely going to be fun but with that I would suggest it’s also going to be very busy. Happy New Year!