Sunday, 29 April 2018

143 Pay Days Left




Hi folks

Back in this post HERE I speculated that Mrs HM and I had over 500 weeks left till we retire ..... that realisation actually made me pretty cranky as this date had blown out considerably from our original plans. So we sat down and agreed to go back to our original plan.

Reverting back to our original plan means that we now will be able to be able to retire in 143 paydays, all things remaining the same.  We have not changed the end game about how we would like to retire - it is pretty much exactly the same as when I wrote about it HERE.

We got ourselves 'a bit' off track with some rather grander plans for retirement and other daft stuff we mused about doing before retiring .... this got us off track and doubled the years till our retirement. It is amazing how a couple of extra lifestyle decisions can blow out a great plan.




So we are back on track, back to being content with our simple plan. Yes, I know things can go wrong and life bowls curved balls, but you have to have a plan right?!

What I have learned from all this is that it is OK to say "I was wrong, let's backtrack". Sometimes we need to walk down a certain road to realise it is not the right road (or someone else's road), do a U turn and go back to where we were.

One of my downfalls is that I am a tinkerer. Being a tinkerer is great for so may things, but not when I tinker with a really good retirement plan and certainly not tinkering with investment strategies. Sometimes I just have to stop opening the proverbial oven door or I'll end up with an uncooked flop.




Anyway, it is May soon. May is Autumn in Australia and it is my absolute favourite month of the year. Nights are cool and great for sleeping, days are just gorgeous, trees are turning colour, evenings are nice and long and thus good for reading, chatting and writing. I note Mrs HM has her kitting needles out now and flannelette sheets have appeared. I'm sat in my recliner next to Mrs HM in hers with Toby the dog hogging my footrest - life is good.

Have a lovely Sunday night folks.

Take care and stay nice.

Mr HM


20 comments:

  1. It's wonderful that you are back on track to early retirement, Phil. Good luck!

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    1. Thanks Nil - I am much happier in myself as a result

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  2. I also love Autumn, and the picture you paint of domestic bliss!

    Only 143 pay days sounds thrilling! Perhaps when you have retired you may dabble in some part-time ways of earning a little money that allow you to indulge in whatever fancies were throwing you off-track.

    Madeleine.x

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    1. I am working towards having 3 or 4 smaller sources of income. I will be doing some financial planning (ethical, transparent and honest!!) some AIN work and also staying on the Health Dept casual pool for roles similar to my own filling in for leave and short gigs.

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  3. I love Autumn too even though the weather appears a bit later this year.

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    1. Yes it is a bit later and the sad thing is the farmers out west are not getting the rain yet. It's tough for them. It needs to rain in the next week or two or it is too late for them.

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  4. I like your overall take-away: it's ok to be wrong and back track. I think it's easy to stick to things that aren't necessarily working to 'save face' or meet others expectations. Glad you are feeling happier about your direction and goals.
    Autumn is well and truly here in Canberra. I was only saying last night that it's time to get out the flannelette sheets. Autumn is probably my favourite season too - although I've learnt to find favourite elements in them all.
    Cheers,
    Laura

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    1. Laura, are all the lovely Autumn trees 'turning' yet in Canberra?

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  5. Hi Mr HM,

    Good news that you are back on track to an earlier retirement! Does this mean you're going back to your plans for nursing training? I still think you'd make an excellent financial advisor. The industry is about to go through a major shakeup, methinks, and will be desperately short of advisors with Honesty and Integrity.

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    1. I'm doing both Pipistrello. I am working towards having several smaller sources of income. I will be doing some financial planning (yes, honest operators needed I hear!) some AIN work and also staying on in NSW Health in their casual pool for roles similar to my own covering for other staff's leave and short gigs (this is state wide).

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  6. ps: If this comment has come through twice, do bin the earliest. I thought it may have been lost so doubled up.

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  7. Autumn is my favourite season too, Mr. HM. The days are just glorious and I love snuggling in between flannelette sheets (must dig ours out and actually put them on our beds) and under our heavier doonas. I love too that it's such an easier season for growing food in the garden. Meg:)

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    1. I am having trouble with my compost getting overly wet this year Meg. I put it in too much shade and too near a water shed, so it will be a job for this Autumn to relocate it

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  8. YOU SAID--"We got ourselves 'a bit' off track with some rather grander plans" Oh i know that feeling Mr HM. For a long long time i said that if we ever managed to get our own home i would not be putting in a new bathroom or kitchen but now that possibility is getting closer to achieving all of a sudden i began to re-design the house we were interested in !! Such as making the wash-house that is across a little porch from the kitchen into a dining room!!! Putting in french doors instead of the window in the lounge and adding decks front and back entrance ways. I have had to pull myself back to my original way of thinking though we will be putting up a garage.

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    1. This is EXACTLY our situation too. We are about to move into our own home within the next few months and what you have described it word for word what we went through too. We llokked at each other the other days and said "no". We will pain and freshen and fix anything broken - but that is it. We planned to be content. How easy it is to get lured into the endless worship of 'the house'. Wow - you picked it exactly.

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    2. And you too said it as i think ..... the worship of "the house".
      Let's be content together :-) It is a choice.

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  9. It is so easy to overthink and then overspend those hard earned dollars. I would love to keep dabbling with our house. Truth is that it would not necessarily benefit anyone but perhaps a builder's pockets. Plus, there really is nothing majorly wrong with our house, lol. As for autumn, love love all the leaves everywhere. We put some rocks in certain areas in the garden. I suggested to hubby about perhaps getting a blower to tidy the leaves off those rocks. No way was he getting one of those!!! Enter no. 1 son who conveniently has one, it was borrowed and it has become a practical piece of equipment apparently. Agghhh. Enjoy Toby, I miss mine.

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  10. It really is all about needs V wants. Sometimes we all want things we don't need! I'm looking forward to your financial planning endeavors. Casey :)

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  11. May is a busy month for our family, with two kids' birthdays to plan for, and mother's day too! May is the madhouse month, lol. As in, crazy, not angry. ;)

    Simple is better. Simple, simple, simple. However you can make it happen. :)

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