The Virtual Pub
Come Inside... => The Snug => Topic started by: Steve on January 10, 2025, 12:14:22 PM
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So having dipped into the rainy day fund for last year's holiday, thought I better do some sort of objective check. yes it's spreadsheet time again.
First run looking at average life expectancy for our ages (15 years rubschin: ), chance and cost of having to go in a home for say 5 years (it's ~ 50% and £££££ eeek: ), whether our pensions fully cover the other's likely spend if (well when) one of us dies (they don't cry: ) and will we want at least one more decent car (yes)
First cut result: not enough money in the pot cry:
A second cut ruling out things like covering if we both die early (we won't care) and there probably is enough ;D. But it's a sobering exercise.
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Doing similar sums here in relation to divorce settlement, legal fees, capital gains tax etc.