My qualifying retire age is 67. Since I am embracing the minimalism lifestyle, I assume that I can live on the minimal income that UK government deems for retired people, which is £142.70 a week at the moment. If I wish to retire at 50, I need to have savings for 17 years of living before I reach the qualifying age of 67.
Taking inflation into consideration, I will require about £10,000 a year for 17 years. If I receive £4,164 from rent annually, that leaves £5,836 a year x 17 = £99,212
In conclusion, I will need £100k of savings if I wish to retire at 50.
Friday, December 14, 2012
Thursday, November 22, 2012
Loose fruits and veg are cheaper
Asda charges 68p a kilo for loose bananas and £1.40 for a pack of ten.
Although many customers believed the pack would be cheaper, buying ten loose bananas cost £1.20 – a saving of 20p.
At Sainsbury's, there are eight fruit in a £1.15 pack of 'Fairtrade Basics' bananas. Buying the same number loose would cost 96p – a saving of 19p.
Tesco sells an 'Eat Me' pack of five bananas for £1, while buying loose fruit would be 40p cheaper at 60p.
In Waitrose a pack of six 'Essential Fairtrade' bananas was £1.38, while buying six loose would cost 72p.
A Which? spokesman said: Supermarkets make it impossible to work out whether it's cheaper to buy bagged or loose fruit. We want them to show clear unit pricing – price per weight or item – so you can compare.
At Sainsbury's, there are eight fruit in a £1.15 pack of 'Fairtrade Basics' bananas. Buying the same number loose would cost 96p – a saving of 19p.
Tesco sells an 'Eat Me' pack of five bananas for £1, while buying loose fruit would be 40p cheaper at 60p.
In Waitrose a pack of six 'Essential Fairtrade' bananas was £1.38, while buying six loose would cost 72p.
A Which? spokesman said: Supermarkets make it impossible to work out whether it's cheaper to buy bagged or loose fruit. We want them to show clear unit pricing – price per weight or item – so you can compare.
"Big four" supermarkets in UK
Asda is generally the cheapest (an average of about 3%), followed by Tesco, then Morrisons and Sainsbury's.
Tuesday, November 20, 2012
How to pronounce mathematical exponentiation
The expression b2 = b·b is called the square of b because the area of a square with side-length b is b2.
The expression b3 = b·b·b is called the cube of b, because the volume of a cube with side-length b is b3.
So 32 is pronounced "three squared", and 23 is "two cubed".
The exponent says how many copies of the base are multiplied together. For example, 35 = 3·3·3·3·3 = 243. The base 3 appears 5 times in the repeated multiplication, because the exponent is 5. Here, 3 is the base, 5 is the exponent, and 243 is the power or, more specifically, the fifth power of 3, 3 raised to the fifth power, or 3 to the power of 5.
The word "raised" is usually omitted, and very often "power" as well, so 35 is typically pronounced "three to the fifth" or "three to the five".
Thursday, October 04, 2012
How to determine Windows 7 is 32bit or 64bit?
View the System Information window
- Click Start
- When System Summary is selected in the navigation pane, the operating system is displayed as follows:
- For a 64-bit version operating system, x64-based PC appears for the System type under Item.
- For a 32-bit version operating system, x86-based PC appears for the System type under Item
Friday, September 07, 2012
IELTS and TOEFL conversion chart
TOEFL Paper TOEFL Computer TOEFL iBT IELTS Equivalent
625 - 680 263 - 300 113 - 120 7.5 - 9.0
600 250 100 7.0
575 232 90 - 91 6.5
550 213 79 - 80 6.0
625 - 680 263 - 300 113 - 120 7.5 - 9.0
600 250 100 7.0
575 232 90 - 91 6.5
550 213 79 - 80 6.0
Tuesday, September 04, 2012
Canada university ranking
Sunday, August 26, 2012
Glasgow bridges on Clyde
I explored all Glasgow bridges on Clyde yesterday. What a long walk! It took me two and half hours. There are 19 bridges altogether. Some of them are not accessible for pedestrians.
1 Millennium Bridge
2 Bell’s Bridge
3 Clyde Arc
4 Kingston Bridge (motorway, not accessible for pedestrians)
5 IFSD Tradeston Footbridge
6 George the Fifth Bridge
7 Caledonian Railway Bridge (not accessible for pedestrians)
8 Glasgow Bridge, known locally as the Jamaica bridge owing to it being at the foot of Jamaica Street.
9 South Portland Street Suspension Bridge (1853), the oldest surviving bridge in Glasgow.
10 Victoria Bridge (1854)
11 City Union Railway Bridge (not accessible for pedestrians)
12 Albert Bridge (Crown St)
13 Tidal Weir and Pipe Bridge (not accessible for pedestrians)
14 St Andrew’s Suspension Bridge (1856)
15 King’s Bridge
16 Polmadie Bridge
17 Rutherglen Bridge (B763)
18 Dalmarnock Railway Bridge (not accessible for pedestrians)
19 Dalmarnock Bridge (Dalmarnock Rd)
It is recommended to walk along the river at Northside, because at Southside the path along the river was blocked at many places. The Clyde walkway is at the north side of the river.
1 Millennium Bridge
2 Bell’s Bridge
3 Clyde Arc
4 Kingston Bridge (motorway, not accessible for pedestrians)
5 IFSD Tradeston Footbridge
6 George the Fifth Bridge
7 Caledonian Railway Bridge (not accessible for pedestrians)
8 Glasgow Bridge, known locally as the Jamaica bridge owing to it being at the foot of Jamaica Street.
9 South Portland Street Suspension Bridge (1853), the oldest surviving bridge in Glasgow.
10 Victoria Bridge (1854)
11 City Union Railway Bridge (not accessible for pedestrians)
12 Albert Bridge (Crown St)
13 Tidal Weir and Pipe Bridge (not accessible for pedestrians)
14 St Andrew’s Suspension Bridge (1856)
15 King’s Bridge
16 Polmadie Bridge
17 Rutherglen Bridge (B763)
18 Dalmarnock Railway Bridge (not accessible for pedestrians)
19 Dalmarnock Bridge (Dalmarnock Rd)
It is recommended to walk along the river at Northside, because at Southside the path along the river was blocked at many places. The Clyde walkway is at the north side of the river.
Saturday, August 25, 2012
The top 6 oldest universities in the UK
1) University of Oxford was the first university to be established in the UK and also the oldest university in the English-speaking world. The University's oldest colleges were established by the 13th century.
2) University of Cambridge - It is one of the world's oldest universities and leading academic centres.
3) University of St Andrews - It is Scotland's first university and the third oldest in the English-speaking world, founded in 1413.
4) University of Glasgow - Founded in 1451, it is the fourth oldest university in the UK.
5) University of Aberdeen - Founded in 1495. Aberdeen physicists and clinicians were first in the world to scan a patient's body using MRI.
6) University of Edinburgh - Founded in 1583, it is the sixth oldest university in Britain.
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