I've been hinting for a while and chatting to friends and collegues, but as is often the case these discreet chats have become semi common knowledge and I felt today that I should give work notice of my intention to retire at the end of the year, to prevent any chinese whispers taking hold.
Not quite time to make it an official resignation, there's still a few tiny things that can upset the plans, but also no point in giving 11 months notice.. I'll provide a proper resignation later in the year. But I have informed my Dean that I don't plan to be around for work in 2026. so thay can start making plans without me for next year and hunt for a replacment.
I'm going to quit in the Christmas holidays just after my 62nd birthday.
We're going to Thailand... The numbers all make sense, the plan is set up and income streams established to provide minimal income using an old UK private pension I have recently recovered, which we can draw down on, to suppliment the savings we plan to live off.
We rent for up to 1 year, find a perfect house in that time, then buy outright and sit quite comfy till the pension officially kicks in.
I won't be able to work there, as its a bit restricive for non Thais, but I can do coding and writing still, but we will be on a fairly tight budget but its still leaves us with a similar or better standard of living here...(actually quite a bit better but....dont' jinx it).
There's little to no real advantage for us to wait 5 more years apart from a slightly higher pension, but when all said and done we'll be financially very comfortable leaving this year, or really comfortable in 5 years... but losing 5 years of cosy living.
We have the equity and savings to do it in December, and retire 5 years early.. So this October, our trip will be about finding a good rental home to base ourselves while we transfer finances and some minimal possesions to Thailand. That means a massive clear out of things, guitars, computers, models, furniture, even clothes.. We can ship a small amount over, but we are better repurchasing when we're there.
We have the equity and savings to do it in December, and retire 5 years early.. So this October, our trip will be about finding a good rental home to base ourselves while we transfer finances and some minimal possesions to Thailand. That means a massive clear out of things, guitars, computers, models, furniture, even clothes.. We can ship a small amount over, but we are better repurchasing when we're there.
We are...very very excited about this.. as the days have been ticking down since we decided to make the jump, I've been busy making inventory and working out what we send, what we sell, what we give away..
The house will go on the market in the summer/autumn, with a condition that we don't hand over till December.. Houses here are selling really fast so Im hoping there wont' be any issues....well we''ll see :D Not selling would be the 1 fly in the ointment, but Im not at all concerned, Belcrum is a highly desirable area at the moment, houses sale almost as soon as the notices go up, and desptie a few things needing updated here, this is a good solid home for a couple of young family, ideal buyers.
The house will go on the market in the summer/autumn, with a condition that we don't hand over till December.. Houses here are selling really fast so Im hoping there wont' be any issues....well we''ll see :D Not selling would be the 1 fly in the ointment, but Im not at all concerned, Belcrum is a highly desirable area at the moment, houses sale almost as soon as the notices go up, and desptie a few things needing updated here, this is a good solid home for a couple of young family, ideal buyers.