Retire by 50

Retire by 50

In the summer of 2014, when I turned 41, I set myself the goal of retiring from paid-work by the age of 52. This blog charts my own strategy and progress, and explores different theories of financial independence and 'extreme early retirement'. It also provides the odd tip on how you might also retire early!


A few thoughts on becoming a landlord

12 Nov 2020 3 minute read 0 comments RealSociology

My house in the UK has now had tenants in it for a week, and so far I've had no hassle at all! This is as expected, because I opted for a fully managed service with a reputable local lettings agency, and my main point of contact wears clothes that fi...

My New Low Cost of Living Off Grid-ish Idyllic Life

10 Nov 2020 5 minute read 2 comments RealSociology

Welcome to Paradise' That's how I was welcomed to the country a few days ago over dinner by one of the guests as soon as they learned I'd just moved to this part of Portugal. She may have been slightly crazy, in a good way (she thinks the FED are sat...

My October to November Budget - 40% saved from last month!

6 Nov 2020 4 minute read 0 comments RealSociology

I estimated a couple of weeks ago (here) that moving to Portugal would enable me to reduce my total monthly expenditure by around 40%, and now I've got the data, I'm very pleased to announce that my estimate was spot on! I've just used a 1-1 EU to £...

Moving to Portugal has Reduced My Cost of Living by 30%!

2 Nov 2020 2 minute read 0 comments RealSociology

The main reason for my moving to Portugal was to cut my cost of living expenses by at least 30%, and having been here for only two weeks, I’m going to declare 100% success. At least in terms of my basic cost of living expenses - shelter and utilities...

How to move abroad on the cheap

27 Oct 2020 1 minute read 3 comments RealSociology

I'm pretty much set to leave the UK for Portugal now, with the intention of having an explore, finding some land to buy there and then living on said land. The whole idea behind this move is to reduce my day to day cost of living expenses, ideally ha...

Splinterlands Challenge of the Week: Resurrecting Rusty!

25 Oct 2020 2 minute read 0 comments RealSociology

This week's Splinterlands Challenge of the Week was to showcase the wonderful Rusty Android. I have a real soft spot for Rusty, so much so that he's my only maxed gold card, or maybe that's because he's so cheap come to think of it?!? There's always...

Comparing the Cost of Off-Grid Shelter Options

11 Sep 2020 3 minute read 2 comments RealSociology

I’ve been thinking through a few shelter 1.0 options for when I get my land in Portugal. The plan is to put up a small scale budget option, enough to live in comfortably for a few months or even a year while I do land-things. The main reason I’m inte...

An analytical framework for personal financial resilience

27 Aug 2020 4 minute read 0 comments RealSociology

The normal life-financial strategy in the UK is to focus initially on developing one particular skill which one then employs to earn money, in the form of an ‘income’. Later on in one's career, one might go on to either refine or diversify into relat...

On the Economics of Off-Grid Energy

25 Aug 2020 3 minute read 0 comments RealSociology

I've paid, on average, around £30 a month for my electricity usage for the last decade, so I've never thought of it as a particularly significant expenditure - £30 a month is about the same as I spend on my broad band connection, about 50% less than...

What Skills to Master Next?

11 Aug 2020 3 minute read 3 comments RealSociology

Now I'm my late 40s, I'm looking to pick up a few new skills to take me through the next 40 years or so. Got to keep learning! I generally enjoy learning new skills, and there's plenty of skills I'd like to develop - to list just a few, and in no par...