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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To liquidate everything when I get to 60 and live in luxury hotels until the cash runs out

505 replies

Everythingisnumbersnow · 08/02/2025 10:09

Just thinking who wants to be old anyway plus I really resent the idea of all my money going to dodgy offshore small business owners (aka care home owners).

We'll see how it goes but I'm pretty excited about this.

OP posts:
Everythingisnumbersnow · 08/02/2025 13:27

CountryCob · 08/02/2025 12:11

I think the issue is as many have said running out of money, especially starting at 60. Seems extremely unrealistic given the figures. Although children don't always help being childless might mean there is no one to assist you so ignoring the inheritance angle - many won't get this anyway - who is helping you arrange the euthunasia? It would only be legal here possibly with a terminal diagnosis. State care is not as nice as private care. Seems a bit irresponsible and entitled not to exect provide for your future care needs.

I pay thousands for private health and dental. Thousands more in tax. I don't really feel bad.

OP posts:
AquaPeer · 08/02/2025 13:29

westisbest1982 · 08/02/2025 13:26

That’s because you don’t know the details about the deprivation of assets guidelines and I do.

Maybe try chipping away at that rock on your shoulder.

I’m confident you don’t.

rainingsnoring · 08/02/2025 13:31

Everythingisnumbersnow · 08/02/2025 13:27

I pay thousands for private health and dental. Thousands more in tax. I don't really feel bad.

Those things are to benefit you rather than other people.
If you have the sort of money you appear to be describing, you can pay for private care or choose an early way out as mentioned. You may find that you have a very unpleasant old age otherwise, especially as you have no children.

Everythingisnumbersnow · 08/02/2025 13:31

latetothefisting · 08/02/2025 11:45

they've also studiously ignored any questions about the actual costs of their 'assets' and how they translate into 'luxury hotel for 20 plus years' amounts

because the only amount they've actually given, of their projected £30k pension, very much....doesn't

I think I explicitly said 15? I don't intend to exist beyond 75.

OP posts:
Everythingisnumbersnow · 08/02/2025 13:32

rainingsnoring · 08/02/2025 13:31

Those things are to benefit you rather than other people.
If you have the sort of money you appear to be describing, you can pay for private care or choose an early way out as mentioned. You may find that you have a very unpleasant old age otherwise, especially as you have no children.

The tax I pay doesn't benefit me primarily.

OP posts:
XelaM · 08/02/2025 13:32

Love this idea OP! Definitely do it 👏🏼

Living in a hotel is my dream. I think Nabokov lived his later years in a luxury hotel. It's amazing. 🤩

I2amonlyhereforTheBeer · 08/02/2025 13:32

Are you expecting to die soon or something because 60 is really young? I get you about not wanting to go into a care home. It's something I dread. But I read some interesting statistics recently that said the number of people who end up in a care home are low percentage-wise for that demographic, and many only end up there for a short time. My neighbour died in her home a while back, and the next neighbour across also died in his home. Both my DH's parents died in their home, as did my Dad. There's probably some middle ground between liquidating your assets and disappearing off into the sunset and living some kind of alternative life?

DodoTired · 08/02/2025 13:33

I have a better idea for you, go to a care home in Thailand, they have amazing ones with facilities like 5 star hotels at a fraction of a price

DodoTired · 08/02/2025 13:35

rainingsnoring · 08/02/2025 13:31

Those things are to benefit you rather than other people.
If you have the sort of money you appear to be describing, you can pay for private care or choose an early way out as mentioned. You may find that you have a very unpleasant old age otherwise, especially as you have no children.

Taxes are to benefit her? Bahaha
high earners prop half the society with their taxes

Everythingisnumbersnow · 08/02/2025 13:35

DodoTired · 08/02/2025 13:35

Taxes are to benefit her? Bahaha
high earners prop half the society with their taxes

Yeah and it would be fine if there were collective care, a genuine social contract, but there simply isn't.

OP posts:
Everythingisnumbersnow · 08/02/2025 13:36

DodoTired · 08/02/2025 13:33

I have a better idea for you, go to a care home in Thailand, they have amazing ones with facilities like 5 star hotels at a fraction of a price

I've heard about these! You must be quite vulnerable being far from home unable to speak the language, though?

OP posts:
KaylaLS · 08/02/2025 13:36

Parsley1234 · 08/02/2025 10:14

Sounds great some go on a round the world cruise also cheaper than nursing homes. I certainly won’t be paying for sub standard care mind you 60 is very young.

My friend, no kids, says she is going to do this!

Fully staffed, medical care in board, laundry,all meals, cleaning, gym and pools.

With some good holiday insurance she is planning to go round and round the world till she dies!

Care home fees are £6,000 per month locally, I can see her reasoning! 😆

I2amonlyhereforTheBeer · 08/02/2025 13:37

TheCountessofFitzdotterel · 08/02/2025 10:15

YABU and ageist.
I have friends in their 80s and 90s who are living full, happy and useful lives. You could be over 60 for a third of your life, and with more leisure than you have ever had before. Why would you want to spend it in poverty?

and I have a lot of friends who never made it to 60. Why is OP ageist or unreasonable? It's her money, her life.

Lovelysummerdays · 08/02/2025 13:37

I quite like this idea. I honestly would like to give the kids some inheritance spend what’s left frivolously and then be able to sign up for a voluntary euthanasia scheme. I don’t want to be old and incontinent and in pain.

AquaPeer · 08/02/2025 13:38

Everythingisnumbersnow · 08/02/2025 13:32

The tax I pay doesn't benefit me primarily.

I don’t understand what people mean when they say this. What about the criminal justice system, the police? the roads, bridges, military forces? Underwater cabling bringing your internet? Trade agreements your tax pays the government to negotiate?

who thinks they don’t benefit from paying tax? That’s such basic bitch behaviour

Springsunflower · 08/02/2025 13:39

I read about someone doing that on a cruise...it's crossed my mind as well

RobinEllacotStrike · 08/02/2025 13:39

My friend has a lovely cheap air bnb apartment in Italy. Many of his clients are retired and travel from one cute little bnb rental to another.

That appeals to me.

AquaPeer · 08/02/2025 13:39

DodoTired · 08/02/2025 13:33

I have a better idea for you, go to a care home in Thailand, they have amazing ones with facilities like 5 star hotels at a fraction of a price

How do you get a visa to live in Thailand though? It’s very hard for fit healthy young, wealthy working people to get residence in Thailand let alone someone going there to die

I2amonlyhereforTheBeer · 08/02/2025 13:40

curious79 · 08/02/2025 10:19

I think very good idea. Some people do cruises. The Savoy notoriously has long term residents, as do most other 5 star hotels. I suppose the rub comes if you were ever to need care? And I mean physical handling to wash, which hotels wouldn't offer. But that's not a reason not to do it, merely a future potential logistical challenge to overcome

Maybe there's a business model opportunity here?

Lentilweaver · 08/02/2025 13:40

AquaPeer · 08/02/2025 13:39

How do you get a visa to live in Thailand though? It’s very hard for fit healthy young, wealthy working people to get residence in Thailand let alone someone going there to die

Thailand has a retirement visa, afaik.

Parsley1234 · 08/02/2025 13:41

@KaylaLS jie much is a cruise per month asking for a friend 🤣🤣🤣🤣

ZebedeeDougalFlorence · 08/02/2025 13:42

I suppose it depends on how much you'll have when you liquidate your assets. If it's a million it's not going to last very long and sixty is so young. If I were you I would wait until at least 70, but perhaps you are not in very good health (?)

AquaPeer · 08/02/2025 13:45

Lentilweaver · 08/02/2025 13:40

Thailand has a retirement visa, afaik.

This looks possible but not without significant risk. Also requires:
-annual renewal at an immigration centre (so being physically capable of appearing every year until the year you die)
demonstrating - an income or savings of min $20k (not a huge amount but might be difficult in the last few years)

-health insurance (could be hard and expensive to get this in the years before you die)

I2amonlyhereforTheBeer · 08/02/2025 13:46

CarliLove35 · 08/02/2025 10:48

The people that opt for round the world cruises - what happens if they die onboard ship? Do they get 'buried' at sea?

I'm not keen on cruising, I felt seasick when I went round the Aegean and up the Italian riviera, so I think I'd book back to back all inclusive holidays for as long as I could afford to. I'd still like to have a base to return to though, so I'd ask my DD if I could stick a static caravan in one of her fields - she's a farmer,

I think there are pretty strict rules for being buried at sea. I looked into it and could only find 2 places in the UK that would arrange it - and they wanted a fair whack as well.

JaneJeffer · 08/02/2025 13:47

.

To liquidate everything when I get to 60 and live in luxury hotels until the cash runs out