My DH and I are returning to the UK, Yorkshire specifically, in 2020 after many years living and working overseas.
I’m completely at a loss to know how much money we would need on a monthly/annual basis to live our lives.
We have yet to buy a house, cars etc but all those things will be fully paid for-no mortgage or hp.
So, say we buy a 3 bedroom, detached house, run 2 cars locally with one car doing longer journeys for days out, holidays, eat well, hobbies, meals out, travel, entertainment etc, how much do we need?
I’m thinking £30,000-ish annually? Am I completely off the mark? More? Less?
I’d be really interested to hear your thoughts.
We will leave the Middle East with a lump sum, not a pension, so want to set ourselves a monthly budget.
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