Sounds like he wasted all that money. A £500k bungalow? JFC with a million bucks I could buy a prefab house and a lot to plop it on and live the rest of my life until I inevitable drop dead from heart disease. Also RIP Bob. I wouldn’t be surprised if whoever hit him didn’t even realize it.
A million dollars spread out over 12 years is not amazing money.
It’s not like he got a million dollars and could have bought the house outright. He took out a mortgage because he had a respectable middle class income for 12 years.
I could easily retire for life on that money and live very comfortably. Shit, it would give me a higher yearly wage than I’m on now.
I don’t get why people online frequently act like that’s not a lot of money. It’s £750k.
You could buy an alright house (outside of London) on that, retire at 30, and enjoy an above average amount of after-bills spending money for the rest of your life, without having to work at all.
