200k will get you some very nice ties.
If one is out of the UK then you cant use the NHS, in theory.head back to Blighty for your NHS treatment.
Not out in the sticks it isn't. As posted earlier, change of use on farming, green belt, conservation areas, woodland etc is a bugger to get through & rightly so. You have more 'leverage' if you're a decent sized developer - you will end up with a Section 106 agreement with the LA that will more than likely inc caveats that permission is granted subject to concrete commitment to offset your build of 50+ houses by a percentage being low cost, a provision of green amenity space for the greater community & or improvements to the local road access. This happens a lot.I think that if you were to build a house of character and quality planning permission is a breeze. Best talk to a planning expert first.
Quite right... I blew through $12k, in just one of my accounts, in the last 30 days without even trying....
But in the grand scheme of things 200 grand isn’t a lot these days. Once you start adding in things like tax, health insurance, other types of insurance, a car etc. You’ll quickly have **** all.
This is MrBane you're talking to! The bit in block could cause a wee problem. It would certainly have the bit in red, but not necessarily in a good way.I think that if you were to build a house of character and quality planning permission is a breeze. Best talk to a planning expert first.
Yep. We somehow manage to spend about 10 grand every time we go on a family holiday.
I’m not sure how Gibberish is going to help in Wales or Scotland. “Gibberish” is the old word for the dialect spoken in Gibraltar and unintelligible to Navy blokes based there in the 18th Century. But I see your point.Is the £200k it? Or do you have also have a house, car and stuff? Is it just you or dependents too?
Just for your information. Talking to a bloke from Littlewoods who was about to present an old dear with a cheque for £1m, he said that they advise anyone under 40 winning a similar amount that it’s not enough to enable them to give up work. This was nearly 25 years ago!
My advice would be to go to as nice a place as possible where you can buy a house for £200k then get a little job to cover the rest of your expenses.
If you can speak French, go to France, if you can speak Spanish go to Spain, if you can speak gibberish go to Wales or Scotland.
This thread does raise an interesting question.My old man won the lottery in 1998. He had to share with eight others but got still got £1,234,612. He split it with his parents, bought a holiday home in Spain and gave up his job as a compressor engineer.
Five years later, most of the money had gone and he went back to full time work.
In the 3 or so years following my divorce, i blew the thick end of £90k. Fast cars, fcuk arsing about on hols plus a fair chunk on bugger knows what. At the time i was also pretty seriously ill with MH issues so was also buying myself shiny things to cheer myself up.
I'm 30 so to see me through to my death, I reckon at least 7-10 million to live comfortably.This thread does raise an interesting question.
How much money do you need to sack off work completely and live comfortably for the rest of your life?
In this day and age I reckon it’ll be quite a bit.
Even a million quid in rental properties is less than 50 grand a year actual income. Basically a slightly above average U.K. salary. Of course this doesn’t take into account repairs, time between tenants etc.
So assume 50k is what you need to live off and have some luxuries and nice holidays etc. That’s about the sort of cash I reckon most people would need to not have to worry about money. Probably double that in London.
Then add a nice house, so that’s probably 500 grand for something that most would consider to be “nice.” 4 - 5 bedrooms in a decent area with a double garage, big garden and a conservatory.
Again I’m talking average UK here. Obviously you can get a castle in rural Scotland for that sort of money, but it won’t even get you a one bed flat in the nicer bits of London.
So what do we reckon all in?
How much cash would you need to set yourself up for life and never work again?
Given the kinds of things I'd be doing if I had the cash, you'd need fairly complex algorithms to calculate how quickly I could shorten the rest of my life with a given amount.How much money do you need to sack off work completely and live comfortably for the rest of your life?