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On the topic of clearing your mortgage early vs buying a 2nd property. The interest savings on paying off your mortgage that much quicker would likely far outweigh the investment potential of a second property in the short term. Why not pay off the mortgage, and then use that additional €1250...

@cee_the_atheist If youre covering your mortgage repayments of €1250 per month from Rent A Room Relief then you are making €15000 a year and the whole amount should be taxed at your marginal rate. If you take a cent above 14k everything is taxed.

@renewright Can you explain the 4% rule? I think that guy over there might not be sure!

Cross posting here from r/Ireland also for different perspectives. What's the minimum Lotto winnings you reckon you could retire on? After the Euromillions being €240 million last week, the Irish Lotto is €10 million tonight, and it has me on thinking. How much do you think you could leave...