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What amount of money is enough?


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Set for life.

 

Four years on premiership money.

 

It's his living... he's obviously going for the best wage.

 

A footballer's career is short..he needs the best contact he can get.

 

This is prompted from the Cahill thread...and others in the transfer thread who think that players who've had 4 year contracts at £20k per week need to keep their earning potential high.

 

They don't need agents imo.. they need someone to counsel them in how to be rich and happy.

My status is working man...my funds are normal....my happiness is separate from money.

 

Send them out to smell the damp blackthorn blooms in the hedgerow.

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28 minutes ago, Costello 77 said:

Send them out to smell the damp blackthorn blooms in the hedgerow

Speaking of cheese there is a pub in Buxton on the corner of market place and a hilly street leading up to it where they do a nice Ploughmans with Wexford cheese. Just thought you should know that.            :biggrin: 

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20k/week roughly equals £1m/year. Annual interest at 5% on a million quid would be 50k/year. So in theory, if you can save even £600-800k cash over the course of a 10yr career, while paying off your mortgage quickly, you ought to be able to retire on 30-40k a year with a roof over your head and a huge nest egg without ever needing to lift a finger again, if you really want to.

 

Outrageous! Well jel

 

 

Edited by Mr. Tom
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1 minute ago, Mr. Tom said:

20k/week roughly equals £1m/year. Annual interest at 5% on a million quid would be 50k/year. So in theory, if you can save even £600-800k over the course of a 10yr career, while paying off your mortgage quickly, you ought to be able to retire on 30-40k a year with a roof over your head and without ever needing to lift a finger again if you really want to.

Where are you banking if you get 5% interest?WTF:

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6 minutes ago, Mr. Tom said:

20k/week roughly equals £1m/year. Annual interest at 5% on a million quid would be 50k/year. So in theory, if you can save even £600-800k cash over the course of a 10yr career, while paying off your mortgage quickly, you ought to be able to retire on 30-40k a year with a roof over your head and a huge nest egg without ever needing to lift a finger again, if you really want to.

 

Outrageous! Well jel

 

 

Don’t forget the tax. 

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8 minutes ago, Mr. Tom said:

20k/week roughly equals £1m/year. Annual interest at 5% on a million quid would be 50k/year. So in theory, if you can save even £600-800k cash over the course of a 10yr career, while paying off your mortgage quickly, you ought to be able to retire on 30-40k a year with a roof over your head and a huge nest egg without ever needing to lift a finger again, if you really want to.

 

Outrageous! Well jel

 

 

Tax at 40%?

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Guest LondonOwl313
6 minutes ago, Pablo Bonvin said:

Where are you banking if you get 5% interest?WTF:

Stock market, property... most asset prices have gone through the roof over the last decade precisely because interest rates are so low. Means the rich have gotten richer 

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29 minutes ago, Mr. Tom said:

20k/week roughly equals £1m/year. Annual interest at 5% on a million quid would be 50k/year. So in theory, if you can save even £600-800k cash over the course of a 10yr career, while paying off your mortgage quickly, you ought to be able to retire on 30-40k a year with a roof over your head and a huge nest egg without ever needing to lift a finger again, if you really want to.

 

Outrageous! Well jel

 

 

Have you taken into account 50% goes in tax ? 

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