RE: Pavriko12 May 2025 17:32
Pavriko " If I sell all my shares now , I don’t have to work"
sell em and stop working then :-)
What did I say last week, these will shoot up :-) my ave is down at 1.60.
Not sure why you talked this SP down to £1.66 just makes one look a bit daft now how ever much you have made.
But at 34 and you state you have enough to NOT work, you must have 2 mil + which by the way you talk I doubt.
I am 55 and think you need over a mil to pay yourself £50k index linked till age 85 which would be about £75k by then thats 30 years.
So at 34 you need a lot more money then you think imo to fund a index linked £50k PA wage for the next 50 years as that would mean paying yourself £150k+ PA later on in life maybe £180k odd at 80+ years old if we get some higher inflation years which will happen over 50 years.
Have you got a 2 mil + pot in a ISA wrapper ? because if it's not TAX free you will need even more than 2 mil.