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Yes commuting would be the option. Maybe abt an hour away. Thanks for your ideas.

Wow you put a lot of thought and effort into that which I really appreciate. I must say I agree with you. The first step for me is to put the holiday home on the market. Once that sells then I can reinvest the money and generate a better return. I'll keep london for now or sell and move out of...

thanks Moorebonds. You are not wrong. the reality of the situation is a little less black and white than that as there has been huge property appreciation here and in fact the original equity i put into the London flat was only around 300,000 USD. so if you look at ROE its a lot better than the...

Thanks yours. if i was to think about ER or a change of lifestyle then of course at least one of the properties would have to go. thanks your advice on the books.

sorry i miscalculated. the rental income is 57,000 usd before tax and mgt fee.

Thanks Maenad. You bring up a very good question here. she definitely is not of the former Merc type or i would never have married her in the first place.:) She sees that the job drains me of all my life energy and if i came up with a plan that could envigorate me and we could still live an...

replies to messages firstly thank you to everyone for your input. much appreciated. i will try and answer everyone on this post - pb4uski - thanks for your advice i will try the quicken lifetime planner. Jetpack - thanks yours. indeed selling the holiday home and renting London is one...

Hi all from London, England. just an update on where i currently stand as i just turned 42 last week. currently in a job where i earn basic salary of 167,000 USD per year. Taxes here are high so i take home about 60% of that. My bonuses used to be good but our market not so good so im...

Thanks Sparkie! Good to hear that life is so good for you on the other side.

Joe - i like your attitude... makes sense and thats kinda how im thinking. to others - im in sales but also set up a sales business and sold it. nothing illegal here.

not free but not massively expensive. I would keep my UK private health insurance anyway which costs about 600 us a month for my wife and me and baby

Hi Bo! Thanks for the reply. The market out there is very quiet job wise but my wife can get work as she is specialised and im sure i would find something in a year or two to roll me over. The house we would live in initially but if the "right price" came up we would sell and move to a smaller...

Hi there. Im 39 and in a sales job which im not enjoying at all and that has taken its toll on me over the years with several bouts of depression etc. Im married with a 7 month old adorable baby girl. This is where i stand at present. main house - paid off and worth $860,000 holiday...

the holiday rental is what others with similar properties are getting in the area. its stable as long as people go on holiday!!! also your calculation Trawler if im not mistaken is on the basis i make zero withdrawals from cash or investments. is that correct?

thanks for that. the 75k is after taxes. also being 37 im not calling it a day from working life but just giving up the stress heavy job which i dont enjoy and am not interested anymore. i appreciate the cost of kids but also the property in london is selllable very easily and at the price i...

thanks a lot! sorry i missed it.

i posted before, but i messed up and really should have put my figures in US$. when i decide to leave UK ill be in a US based country anycase so here we go again. house uk - worth $1,040,000 (mortgage $250,000) holiday home - worth $2,250,000 no mortgage cash in bank - $502,000 invested...

quick question re firecalc on the first page where you put your expenses doe the calculator factor in inflation on these? i.e if you are spending 50k today does that progressively increase depending on the inflation rate you put later on... im assuming it does but i couldnt find it on the...

thanks but i think the firecalc does not take into account any property or rental income from property. it seems to me it works only on cash invested. thanks anyway - or am i wrong and missed something?

thanks a lot Aiming. we have health insurance and in the uk this is free anyway but we both have it. The holiday home is in the caribbean and can make us a good living and we could sell it. It was bought at a steal so couldnt not do it. My wife doesnt work but is about to start after finishing...

thanks for your reply. at the moment we live on about £ 70,000 a year! the numbers i have put in my top post are in uk pounds so multiply by 1.6 to get usd. sorry.

from England! hope to get to know a lot of you. ok so i have trawled the web and seen the calculations etc on how and when to retire. none seem to make much clear sense to me. im currently working in a sales job which pays very well and has huge commission potential! lucky me right...