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Late Stage Capitalism
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Easy to live off? Is the cost of living really that low in the UK? Cos 12,71£ equals 14,77€ and having such a wage in germany might let u pay the bills, but not much more than that. And it would surprise me if the cost of living in germany is that much higher in the UK.
Only pretty recently started earning noticeably more than minimum wage (29k), honestly I don't even know what to spend my money on.
Saving for retirement, maybe? For example, I am investing 500 Euros per month into ETFs and Gold.
State pension is better than minimum wage + mortgage, at least it was back when I calculated it while I was on minimum wage and with the triple lock pension its only going to get better by the time I retire.
All I need to do is pay off my mortgage which should be done shortly before I can retire. Maybe drop down to part time at that point.