tag:blogger.com,1999:blog-2875915890415125655.post3627494246478208354..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: That’s it. I’m calling it. It’s my Financial Independence day!RetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger63125tag:blogger.com,1999:blog-2875915890415125655.post-17125159748800104022016-10-31T21:21:03.883+00:002016-10-31T21:21:03.883+00:00By the way if you retire in Cyprus due to the dou...By the way if you retire in Cyprus due to the double taxation agreement you can start drawing income from your SIPP (after 55 or 57) and be taxed at 5% regardless of the amount you draw any given year which is crazy good. Cyprus is my most likely destination too!Dr Shttps://www.blogger.com/profile/12462565034002899447noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-33982103094598693162016-08-21T13:15:18.955+01:002016-08-21T13:15:18.955+01:00Great achievement .. congrats. Being in a similar ...Great achievement .. congrats. Being in a similar position myself, I am not clear about one aspect. The dividends you accrue within your SIPP are surely not accessible to you to spend till you are 55 why are you counting them in your overall income from investments ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-47338915686112270902016-08-01T11:20:25.095+01:002016-08-01T11:20:25.095+01:00Well done RIT. Wishing you all the best on your jo...Well done RIT. Wishing you all the best on your journey ahead!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-41213816701961951572016-07-29T00:20:54.626+01:002016-07-29T00:20:54.626+01:00Bit late to the party but wanted to say congratula...Bit late to the party but wanted to say congratulations RIT! <br /><br />Looking forward to seeing how you make your final exit.theFIREstarter.co.ukhttps://www.blogger.com/profile/11161550795321520113noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-19076176122527890242016-07-25T12:24:01.137+01:002016-07-25T12:24:01.137+01:00RIT, I lived in Malta for a year and half. You wil...RIT, I lived in Malta for a year and half. You will need a car over there. It is worth noting all the natives have a car and usually more than one per family. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-29688066533931411042016-07-24T17:26:46.044+01:002016-07-24T17:26:46.044+01:00Happy FI day RIT!
I was wondering if you ever cons...Happy FI day RIT!<br />I was wondering if you ever considered renting indefinitely. Given your huge pot, I am sure you would be able to rent reasonably below your passive income and still be able to roll over the rest. It just gives you more flexibility and options given the current economic and political uncertainty.<br /><br />Love to hear more about post FI tales and worries. Keep it coming!FIREplanterhttps://fireplant.net/noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-52720616542283025632016-07-24T17:13:34.875+01:002016-07-24T17:13:34.875+01:00Those dividends look glorious, congrats RIT!Those dividends look glorious, congrats RIT!Cora @ The Mini Millionairehttp://www.theminimillionaire.comnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-40228849599262308302016-07-24T10:12:22.747+01:002016-07-24T10:12:22.747+01:00Being able to speak freely may have unintended and...Being able to speak freely may have unintended and unexpected consequences... like promotion!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-9815534383976556472016-07-23T18:30:34.625+01:002016-07-23T18:30:34.625+01:00Hearty congratulations RIT.
Like a Lottery winner...Hearty congratulations RIT.<br /><br />Like a Lottery winner who can't quite believe everything has changed and decides to go back to their mundane job the next day - because it provides a framework, meaning and friendships in their lives, I forecast that 'freedom' will change you not one jot. What you have won is not what you thought you might be saving for (retirement and a move to Alhttps://www.blogger.com/profile/14381013196081166483noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-61839931435413549422016-07-23T17:56:54.111+01:002016-07-23T17:56:54.111+01:00Nice one - congratulations on an inspiring finale....Nice one - congratulations on an inspiring finale.<br /><br />Take your time over that decompression, months to a year plus. You become a different person without the stress of working, and it takes time for that to settle in.erminehttp://simple-living-in-suffolk.co.uknoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-91501047568403731982016-07-23T13:03:10.641+01:002016-07-23T13:03:10.641+01:00Congratulations RIT, excellent news.
Congratulations RIT, excellent news.<br />Playing with Firenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-19518330160375187832016-07-23T12:56:16.102+01:002016-07-23T12:56:16.102+01:00Fantastic- congratulations RIT. Good job!Fantastic- congratulations RIT. Good job!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-85138425687277523662016-07-22T02:15:11.366+01:002016-07-22T02:15:11.366+01:00Well played RIT.Well played RIT.The Investorhttps://www.blogger.com/profile/05898176600354164258noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-51121019366742760122016-07-20T13:16:52.721+01:002016-07-20T13:16:52.721+01:00"the immorality of the whole BTL scene":..."the immorality of the whole BTL scene": oh do lay off. What "immorality"?deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-86957207479399628542016-07-20T07:32:36.266+01:002016-07-20T07:32:36.266+01:00Dear RIT,
I have some knowledge and association w...Dear RIT,<br /><br />I have some knowledge and association with people who have sold up and retired (back) to the Caribbean. If there is one regret that they tend to have, it is that they failed to maintain a base in the UK. While I agree with you about the immorality of the whole BTL scene, I think that you (for your family's sake) should maintain a base in the UK.<br /><br />Also, you areAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-77619712754731580832016-07-20T00:25:38.307+01:002016-07-20T00:25:38.307+01:00I'm tempted to agree: aim for £1M over-and-abo...I'm tempted to agree: aim for £1M over-and-above the price of a house. Though maybe that's the spurious attraction of big, round numbers.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-47536575260439563792016-07-20T00:23:22.539+01:002016-07-20T00:23:22.539+01:00We've lived in a hot, dry Mediterranean climat...We've lived in a hot, dry Mediterranean climate: there was no need for air con. Ceiling fans were enough to let us sleep. <br /><br />You do have to learn the art of managing thermal gain: windows open overnight with perhaps fans used to suck in cool air (which is best done by having fans pointing outwards through the lee-side windows); once outside is hotter than inside during the day, deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-27362179698487469572016-07-19T21:32:48.820+01:002016-07-19T21:32:48.820+01:00I'd also be hesitant to regard it as "fre...I'd also be hesitant to regard it as "freeloading" or anything like that, as presumably Mr RIT has paid more than a fair share of UK tax on his income over the years. A little harsh maybe? (Not that RIT said he's going to actually go ahead and do that, just speaking hypothetically of course)MarkRnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-3263795440961647212016-07-18T22:52:05.948+01:002016-07-18T22:52:05.948+01:00Don't do it mate. Its not enough, seriously. Y...Don't do it mate. Its not enough, seriously. You have good earnings make the most of them, add another 500K / 3 years whichever comes first and then do it. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-76315523499837229952016-07-18T18:18:37.608+01:002016-07-18T18:18:37.608+01:00You and your family will be living by the sea - in...You and your family will be living by the sea - in a country that can be very hot for long spells.<br />Hopefully you and your family enjoy ( or will enjoy ) swimming , diving , snorkelling (? scuba as well ) , sailing , windsurfing , kitesurfing and water skiing .<br />Activities and sports are such great ways to meet people and settle in to a place - your children should help with that, if youstringvestnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-20824367273081047562016-07-18T16:48:14.361+01:002016-07-18T16:48:14.361+01:00Wow. Well done! Hopefully, you will keep us posted...Wow. Well done! Hopefully, you will keep us posted. :)JoeCrystalhttps://www.blogger.com/profile/09704987336977651777noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-65240987245188096862016-07-18T13:42:33.201+01:002016-07-18T13:42:33.201+01:00Nah, the piano. Why waste one hand defining the n...Nah, the piano. Why waste one hand defining the notes?<br /><br />In my case I'm tempted by the clarinet, which has the advantage that I couldn't sing along.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-50226419078907261092016-07-18T12:45:37.833+01:002016-07-18T12:45:37.833+01:00Many, many congrats. I've been a bit of a lur...Many, many congrats. I've been a bit of a lurker here because our situations are pretty similar - age, networth, etc. The only difference is I'm planning on getting out of London to a lower cost area of the UK rather than abroad. So it's great to hear it's all come together for you - I'm still nervous about my withdrawal rate covering every eventuality (and whether I can ChasingFirenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-49361632188863233072016-07-18T10:02:42.543+01:002016-07-18T10:02:42.543+01:00Hi RIT,
Many congratulations - I can only imagine...Hi RIT,<br /><br />Many congratulations - I can only imagine what this must feel like for you! As you replies show through the comments, you have done a huge amount of research and stress testing through it all which will pay off for you to be comfortable.<br /><br />Its great to see someone hit their numbers, and look at your chart against where I am, sadly I will be somewhat older than you are London Robnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-86736003483930441632016-07-18T09:51:53.336+01:002016-07-18T09:51:53.336+01:00Congratulations RIT, steely determination results ...Congratulations RIT, steely determination results in a job well done.<br /><br />Two pence worth:<br /><br />1) Decompress slowly. Rapid decompressions are not pretty.<br /><br />2) Don't sit on your arse for 40 years! Use that giant brain of yours for something socially useful, whatever that means.<br /><br />3) Learn to play the guitar.<br /><br />JohnJohn from UK Value Investorhttp://www.ukvalueinvestor.comnoreply@blogger.com