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-   -   Enough Income (https://britishexpats.com/forum/spain-75/enough-income-486963/)

jdr Oct 14th 2007 4:05 am

Re: Enough Income
 

Originally Posted by leighbloke (Post 5423595)
?????
So how can you think he means £8500 (cash) in 19 years time?

Or am I missing something?


Hi. I am desperate to retire to Spain. Unfortunately there is a small problem and this is retirement is some 19 years away. Allowing for a sensible rate of inflation my yearly pensionable income will be £8500 pre-tax. Can anyone tell me if this will cover the basics/necessities please.
Thanks very much,
Mark
Maybe the red text influenced it a bit.

leighbloke Oct 14th 2007 4:09 am

Re: Enough Income
 

Originally Posted by jdr (Post 5423682)
Maybe the red text influenced it a bit.

again, read posts 2 & 3.
Where this obviously confused statement was clarified??

Jorgi Oct 14th 2007 4:14 am

Re: Enough Income
 
Come on guys. Answer the question.

lee8 Oct 14th 2007 4:26 am

Re: Enough Income
 
No 8,500 wouldn`t be enough income to live on in Spain, central Africa probably but europw no chance in hell.:)

Mitzyboy Oct 14th 2007 4:27 am

Re: Enough Income
 

Originally Posted by lee8 (Post 5423743)
No 8,500 wouldn`t be enough income to live on in Spain, central Africa probably but europw no chance in hell.:)

Well there are plenty of people here doing it Lee! ;)

rugbymatt Oct 14th 2007 4:28 am

Re: Enough Income
 

Originally Posted by Jorgi (Post 5423712)
Come on guys. Answer the question.

I think they are debating as to whether the question can be answered.

lee8 Oct 14th 2007 4:29 am

Re: Enough Income
 

Originally Posted by Mitzyboy (Post 5423745)
Well there are plenty of people here doing it Lee! ;)


Yeah i`ve seen them in Malaga train station.

Mitzyboy Oct 14th 2007 4:30 am

Re: Enough Income
 

Originally Posted by lee8 (Post 5423752)
Yeah i`ve seen them in Malaga train station.

Well I'm doing it quite comfortably thanks :)

lee8 Oct 14th 2007 4:32 am

Re: Enough Income
 

Originally Posted by Mitzyboy (Post 5423756)
Well I'm doing it quite comfortably thanks :)


Your from the year 2026.

WOW.

I believe i was answering the question from page one.

how is the dosing in the streets goin, i spend more than 8,500 a year on food.:thumbsup:

rugbymatt Oct 14th 2007 4:32 am

Re: Enough Income
 

Originally Posted by Mitzyboy (Post 5423756)
Well I'm doing it quite comfortably thanks :)

even enough spare cash for a Wednesday night bingo eh mate?

Mitzyboy Oct 14th 2007 4:33 am

Re: Enough Income
 

Originally Posted by lee8 (Post 5423759)
Your from the year 2026.
WOW.
I believe i was answering the question from page one.

The unanswerable one you mean!

lee8 Oct 14th 2007 4:40 am

Re: Enough Income
 

Originally Posted by Mitzyboy (Post 5423765)
The unanswerable one you mean!

Not unanwserable.

I`ll remember in 2026 to remind you of your mistake, but until then we look at history.

Financial circumstances have never reversed.

19 years ago i believe your income and mine was far lower than today.

19 years before then it was far lower etc etc etc

so its a far bet that unless Spain becomes a third world country in 19 years, 8,500 will be worth far less than today.

If you don`t believe me ask a pension advisor, once he`s stopped laughing he/she will explaining it to you.;)

jdr Oct 14th 2007 4:40 am

Re: Enough Income
 

Originally Posted by leighbloke (Post 5423695)
again, read posts 2 & 3.
Where this obviously confused statement was clarified??


Sorry I should have been more clear. I did mean the equivalent of £8500. Thankyou for your response,
Mark

Confirms it ? now if he had put "in today`s values" after then it would of meant something totally different.
We probably live on about that amount, so if prices etc stay balanced for 19 years then he will be ok.

jdr Oct 14th 2007 4:44 am

Re: Enough Income
 

Originally Posted by lee8 (Post 5423759)
Your from the year 2026.

WOW.

I believe i was answering the question from page one.

how is the dosing in the streets goin, i spend more than 8,500 a year on food.:thumbsup:

You`re being robbed. lol

Lionda Oct 14th 2007 4:47 am

Re: Enough Income
 

Originally Posted by lee8 (Post 5423759)
Your from the year 2026.

WOW.

I believe i was answering the question from page one.

how is the dosing in the streets goin, i spend more than 8,500 a year on food.:thumbsup:

:blink: For how many people? You eat a lot!


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