RETIRED!!!

Discussion in 'Investor Psychology & Mindset' started by skater, 12th Aug, 2015.

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  1. skater

    skater Well-Known Member

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    Business as usual. For the last couple of years, Hubby's salary was in excess of our needs. Now, after selling a few properties & placing the funds into offsets (essentially paying them down), we have enough to live on. We've recently bought three NRAS properties too, and won't get the full incentives until September 2016, so a big pay rise in 12 months time. At that stage, it will be a nice level split between the two of us.
     
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  2. skater

    skater Well-Known Member

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    LOL! I'm sure neither of my daughters want to be tied to their parents in a JV. Broker said to wait a couple of years, and as the Sydney market will take a while before it's a buyers market again, that suits us. BUT....at the same time, I'm jealous of everyone else out there buying.
     
  3. chindonly

    chindonly Well-Known Member

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    Awesome work Skater! Now you can just "roll" off into the sunet....
     
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  4. MTR

    MTR Well-Known Member

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    Haha, daughters.. but you guys got the money, it's a win/win, for them:confused:
     
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  5. D.T.

    D.T. Specialist Property Manager Business Member

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    All of them?
     
  6. MTR

    MTR Well-Known Member

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    I should rephrase this
    You bet, Syd, followed by Melb

    I don't believe Brissy is going to crash but I don't see a spectacular boom, APRA and the economy, perhaps a rise which we are seeing but it won't be sustainable, not a repeat of Syd
    Adelaide, no idea?.. From all accounts it's at bottom, but I don't know what will drive this market?..
    back to Skaters post.... :)
     
    Last edited: 12th Aug, 2015
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  7. neK

    neK Well-Known Member

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    Congratulations skater and bargain hunter!

    Are all debts fully paid or keeping a healthy lvr?
     
  8. David Shih

    David Shih Mortgage Broker Business Member

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    Congrats skater and your hubby! Sounds like quite a journey from 98 but I'm sure it's all well paid off now. And what a coincidence when I was just thinking about whether people can actually retire off IP on my way off work, bang! Here's your post on front of everyone :)
     
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  9. Hodor

    Hodor Well-Known Member

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    Well earned.

    Time for some bubbles
     
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  10. Samten

    Samten Well-Known Member

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    YeeeHAA well done @skater I am all admiration.
    More time to "Skate" around and reserve tables for the Western Syd meetup:)
     
  11. Wukong

    Wukong Well-Known Member

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    Well done and truly inspiring :)
     
  12. skater

    skater Well-Known Member

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    Debts paid off?:eek:
    No! In fact we've got a heap of debt due to some refinancing in preparation for pulling the plug......but we've got a heap of offsets in place.:D
     
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  13. skater

    skater Well-Known Member

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    And now Hubby can help me do it!:D
     
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  14. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    Many congratulations @skater So inspiring!!!
     
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  15. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    Congratulations @skater and @Bargain Hunter

    Must be such a great feeling.

    Can't wait to be there already.
     
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  16. fols

    fols Well-Known Member

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    Great stuff @skater

    Really inspiring seeing this.

    How does it feel to achieve your goals? As you expected?
     
  17. srirang

    srirang Well-Known Member

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  18. ellejay

    ellejay Well-Known Member

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    Congrats skater and hubby, how exciting! Hope to be following you by the end of this year.
     
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  19. sash

    sash Well-Known Member

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    Congrats Skater....us poor Rastas...are still plugging away...maybe one day......the sun wills set...:):p

    The next meal is one you and Bargain Hunter.
     
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  20. Lil Skater

    Lil Skater Well-Known Member

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    Funny thing is I didn't even know until I called today.... I'll gladly take an au pair to help with the little rascal!

    Anyway, congratulations to the two of you. I know how hard you've worked to get to where you are :)

    Now... Just planning on how I'm going to knock you off :D