Need some inspiration/thoughts you guys please

Need some inspiration/thoughts you guys please

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freenote

Original Poster:

791 posts

180 months

Yesterday (16:30)
quotequote all
Hi fellow petrolheads et al.

So after 25 years of working I’ve managed to get myself in a position where I have a saleable business, money in the bank (let’s say £500k all in once biz is sold for arguments sake as I don’t want to disclose too much), and enough equity in my London property to sell it and buy something decent mortgage free in the Home Counties. I’ve come from virtually nothing btw so I’m appreciative I’ve been able to get this far.

Divorced about 5 years ago which obviously set me back but I’ve recovered.

No kids and a girlfriend of not that long who is lovely but has different goals in life to me.

I hate the weather here apart from the longer days in summer and England seems to be going down the pan although the rest of the world doesn’t seem much better.

I’m thinking to myself whilst struggling through another stressful day of work that I could just go mortgage free, sell the biz and take the money in the bank and follow the sun around the world forever. I’m mid forties and have great mates here but I could live with seeing them in the summers. Mum died when I was a kid, dad has a new family and we have a poor relationship and sister lives abroad already.

I travelled when I had the money in my late teens - hostels etc.

What to do with my life? What would you do?

Great quote I heard recently: You are the director of your own movie. If the movie’s st it means you’re a stty director.

Mod note: please let the swear filter do its thing ..


Edited by Bill on Thursday 3rd April 19:07

blue_haddock

4,278 posts

79 months

Yesterday (16:36)
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What happens when the money runs out?

ApOrbital

10,323 posts

130 months

Yesterday (16:40)
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Iron your shirt for once.

freenote

Original Poster:

791 posts

180 months

Yesterday (16:42)
quotequote all
blue_haddock said:
What happens when the money runs out?
I’ll mostly be living off 5% return and a little capital. If required I can rent the house out.

freenote

Original Poster:

791 posts

180 months

Yesterday (16:42)
quotequote all
ApOrbital said:
Iron your shirt for once.
That went over my head

DickyC

53,136 posts

210 months

Yesterday (16:45)
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freenote said:
ApOrbital said:
Iron your shirt for once.
That went over my head
Not just you.

iguana

7,137 posts

272 months

Yesterday (17:07)
quotequote all
Perfect. Southern hemisphere or tropics in the European winter, back to Europe when it warms up.

That's not millions in the bank. But live frugally & it could last particularly in Asian cheap to live countries, less so in Australia.


richhead

2,046 posts

23 months

Yesterday (18:57)
quotequote all
iguana said:
Perfect. Southern hemisphere or tropics in the European winter, back to Europe when it warms up.

That's not millions in the bank. But live frugally & it could last particularly in Asian cheap to live countries, less so in Australia.
Agree, but what ever you do keep the house, you might need it one day

E63eeeeee...

4,874 posts

61 months

Yesterday (19:05)
quotequote all
freenote said:
ApOrbital said:
Iron your shirt for once.
That went over my head
They don't have to if you undo the buttons.