u/jackgrafter

Feeling pretty fed up with work (not sure it’s bad enough to call burnout) and it feels like I’m close to where I want to be financially.

53M with 48 partner. We’ve kept our finances separate as I am very much a saver and she is a spender though more recently has been squirreling money away.

I’m happy to cover everything from my savings and investments, but she will pay for her clothing addiction through her own savings and pension.

DC pension 620k

S&S ISA 200k

GIA 93k

Cash ISA 21k

Premium bonds + Savings 80k

House paid off and valued at around 500k. Could downsize later to free up maybe 100-150k.

A also have a DB pension worth around 6k from 60 which I may be able to take earlier though would obviously reduce the annual amount. Can’t check actual amount as it’s caught up in the Capita fiasco.

Her pensions and savings are at around 200k in total but I’m not taking them into account in my calculations. She is also unhappy in her job.

I’ve calculated that we need around 45k a year of which around 20k is discretionary, but expect to reduce that at around 70 depending on our fitness to travel.

I’m earning around 80k per year + typical bonus of 10-15k (almost guaranteed).

Excel tells me I’m close to being there, but maybe a little tight, so do I carry on for another year to build up more of a safety net or pull the trigger now?

ETA: Have enough years contributed for full state pension and plan the buy the extra four or five years for partner.

No kids.