3 ms·
I've tried "retirement" twice now. The first "retirement" was actually a 3 year unpaid sabbatical (study for degree, write books, etc) which extended for anothe
by rikroots 4y ago
I've tried "retirement" twice now. The first "retirement" was actually a 3 year unpaid sabbatical (study for degree, write books, etc) which extended for another four years after I ran out of money and struggled to land a job. The second "retirement" was accidental, due to a mental burnout that crashed into the covid lockdowns. In both cases, lack of money forced me back into employment. Making sure you will have enough money/resources to survive retirement is critical. Even then, no amount of planning (or money) can cover all the edge cases.
My current plan for my next (and final) retirement is to keep working/paying into the pension plans. At some point I hope to move to more part time work. I'm also looking around for an idea I can solo-code up which could give me some additional income in my twilight years: 100 users using a £10/month niche online service is £12k/pa turnover (less running costs, tax, etc). As they say, every little bit extra helps!