Drawdown Strategy
Now we have stopped working, in order to cover our living costs, Mrs FIUK and I will be using a mixture of our SIPP and ISA “pots” to cover the gap between now and when our costs will be covered by...
View ArticleDrawdown Calculations
In my previous post I ran through my overall strategy, and set out that Mrs FIUK and I need £30,000 to cover our living costs for the 2018/2019 year (I am using tax years as it is easier for me to...
View ArticleNet Worth Page Updated
I have just managed to get the final piece of information (Mrs FIUK’s pension transfer value) to calculate our current net worth, and I have update the net worth page. On paper we are worth…………....
View ArticleDrawdown Starting Point
I have now received confirmation from my SIPP Manager the value on which my Pension Commencement Lump Sum (PCLS) will be calculated, and therefore the starting point for me to record the progress as we...
View ArticleOne Year of FIRE
Yesterday it was one year since I broke the chains that tied me to my desk and stopped being a wage slave. In that one year Mrs FIUK and I have been able to take advantage of the freedom we now have to...
View ArticleFirst Pension Payday
I have just received my first pension “monthly salary” and I have to say that I am impressed by how smoothly it has all gone I completed my request for my pension to commence on 16th May and the...
View ArticleSummertime in Retirement
WOW, what a few weeks it’s been. I think we have eaten most of our meals outside since the middle of May as it has been fantastic weather, which as we don’t need to leave home to go to work at 07:00,...
View ArticleIG Group Full Year Results
IG Group have just announced their results for the year ending 31 May and I am delighted that they have increased the final dividend by a whopping 46.46%, which gives an increase for the whole year of...
View ArticleJuly Update
The second month of drawing cash from our SIPP’s and ISA’s has now gone, and I have received a further £940 from my SIPP, plus taken money from our cash savings to cover our monthly costs. The costs...
View ArticleFake or Fortune – Can You Believe the Art Market?
Did anyone watch Fake or Fortune on BBC 1 last night (12th August)? I would like to know if the BBC would have got a share of the value if they had proved it was genuine as they obviously spent a load...
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