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RE: Early Retirement Extreme Update: On track to quit work this August, and fully retire by 2022....

in #money7 years ago

Even if you save 20% of your income you'll take out having to work post-60, which is still early!

As to the re-mortgaging - tell me about it - if I don't sell my flat (which just isn't happening right now) and then buy by September, when I quit my job, I won't be able to remortgage, although TBH I quite like the idea of being forced into a situation where I just have to buy somewhere outright with the equity I'll have in the bank... somewhere North or West that'd have to be.

Or I might even emigrate.

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I’m looking at emigrating also but that a whole new set of expenses and unknowns.

I am self employed and use a contractor mortgage broker. They assess your income etc rather than just your job. I can give you details if you need them!