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Lol - that story was definitely hijack-worthy!

As parents we do try jaDEB but they do have their own minds.  (Apologies if hijacking your thread sw.co.za but this was too good not to share:)

My youngest always said when he is big, he wants his own bank. Being a good mother and teaching them they can do anything they set their minds to, I encouraged them. 

One day he came home after school with much more money than what he went with.  Puzzled I asked how he does this.  "I have my own bank" he says.  I turns out he saved his money and are lending it out at school to pupils at 100% interest, 1-day-term and the next day lending out the money plus his earned interest again. Business was booming.  Being a little shocked but secretly proud I had to tell him no-no, you must first apply to be a bank and comply with all the regulatory requirements. 

Later, when I realized both of them have Jordan Belfort as a role model I said: "Okay boys, you've got the business plan sorted, let's take it down a notch. Now, let's focus on ethics and morals for a bit."  

The youngest is still adamant, he will have his own bank one day.

Patrick was so kind as to allow me to interview him 
It was a lot of fun! If you interested in reading it you can find it here - www.stealthywealth.co.za/2016/07/interview-with-very-stealthy-bloke.html

Saxo?

An excellent holistic view by gcr, you seem to be on top of things!

Like dividendtycoon I also avoid RA's due to costs and not being in control of where your money goes.

My other problem is that I am still ~15 years away from my early retirement and a lot can change with regards to tax/lump sum payouts/converting to annuities etc. treatment of pension funds. So I am not paying too much attention to it at the moment. But will need to start looking into how this is going to affect things closer to the time.

It is very interesting to see how everyone has differing strategies from Orca using a 6% drawdown and iimigrate to Portugal approach, to gcr's 4 pillars, to dividendtycoon's dividend income approach - and all have had success! I think the important thing is to have a plan/strategy and then stick to it. Well done gentlemen (or possibly ladies - can never be sure with the internet .... )