Boycie Posted April 26 Share Posted April 26 @Dayis the only bloke i know who did the retirement/work the opposite way around. Link to comment Share on other sites More sharing options...
Elwood P Dowd Posted April 26 Share Posted April 26 1 hour ago, Phoenix said: Of course, what few company pension schemes are left hold hardly any British shares, so that particular cash cow has gone to the knacker's yard. I always thought that was a very short sighted move. 💵💵 Link to comment Share on other sites More sharing options...
Day Posted April 26 Share Posted April 26 2 hours ago, Boycie said: @Dayis the only bloke i know who did the retirement/work the opposite way around. Only so much gardening a man can do. Link to comment Share on other sites More sharing options...
Stagtime Posted April 27 Share Posted April 27 (edited) Retired at 59, not sure about your superannuation system but here your employer has to put in 11% and depending on what union eba, employees top up on top of that I think 3-4%. A flat 15% tax rate on monies going in so a good incentive to up top up personally. After age 60 any outgoings is tax free. At 67 you can get the aged pension. When I retired I spent 9 months refurbishing both my daughters homes as well as plenty of travel. I had a local school wanting me to help with casual maintenance 3 years ago and word of mouth I’m now doing 3 days at 3 different schools a week. Good thing is I go on holidays whenever I want. Leaving for Scotland, Croatia and England for 6 weeks in 12 hours. Edited April 27 by Stagtime Elwood P Dowd, cstand, Eddie and 1 other 3 1 Link to comment Share on other sites More sharing options...
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