How to retire with £20k/£40k/£60k per year

Have a go with the calculator and please let me know what you find! bit.ly/3aRLRDl

Thanks for increasing my knowledge in personal finance, I recently subscribed to your channel. I want to give a big shout-out to all those working tirelessly to earn a living and build wealth during this recession. My wife and I are both retired and debt-free, and we're living smart and frugal with our money. Despite the recession, we're still earning passive income thanks to our savings and investments in the financial market. Investing lifestyle has enabled us to earn a steady monthly income through passive means, and we're grateful for it.

Thanks for the link to the spreadsheet. So much better than video alone.

This is such an awesome calculator. I'm just starting out saving into a pension, and found the targets for saving pretty daunting, but this helps to break it down and gives me some pretty clear targets to focus on. Thank you so much!

Awesome calculator, thank you!

How would you take out the assumption of a full UK pension in the calculator?

I like this vid. Good insight. I should have heard this years ago.

Thank you 🙏

Brilliant James..thanks so much.

Hi James, is the calculator still working? I've not been able to download it. Thanks much.

James - is there a way of working out different figures as well? Say 30k a year or 35k a year?

Those subtitles at the start were a bit Charlie and the Chocolate factory! Great vid as always

James you're a hero

Cheers Jamigotchi!

James you have made some beauty spreadies pal - great stuff.

Hey James, thank you very much for this! Suggestion to complement the tool: it would be interesting to have the target values for £30K and £50K, as going from £20K to £40K represents a 100% increase in annual expenditure and 50% from £40K to £60K

Thank you!

Thank you for the breakdown. Had a look through the calculator and feeling motivated as I may be able to retire earlier than expected!

My short answer is, I used to blame everything around me :) That shifted at age 35, which initially felt late. Now, at 44, I'm not far off from my goals. Admittedly, my income fluctuates but like you, James, I focus on earning more rather than investing more. After all, without lifestyle inflation, you're more likely to live frugally and save. I have no plans to retire; I love what I do. Yet, reaching my ultimate goal by 50 wouldn't be a bad idea. You'll hear my knock when I'm close to that target (hopefully) 🛎

ICT is the best and I learned a lot and now having my own channel to teach what I learned + what I could add to by studying the price action deeply based on the main ideas got from ICT... I have started posting daily videos to review how the price actually moves and when you really understand this then it will be easy to catch the perfect entries and to get profitable by time, appreciating Michael as he made a big change in the way I see the market now and hopefully I can convey this knowledge as best as I can to those who will watch my content, thanks again to Michael and ICT for all this great content which is motivating many traders like me to grow day by day