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Learning to live my dreams not trample on them
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Hope you get better soon xxxTotal (Aug 19):€58,567 Now:€26,947
DFD:Nov 22/June 22
Mortgage: €199,712
MFD: March 2042/July 20340 -
thanks bevan and cmd :A
arm hurts where had canula inbut other than that doing okay today. :cool:
had a bit of an interesting development on the finances front. one of OH's pensions is being wound up - and one of his options is to take the money as a lump sum... we think it would be enough to clear all our debts in full :jwhich would soooo take the pressure off. It was only due to give him a £3k lump sum at retirement and about £50 pcm anyway so don't think it would be a major loss!
so something to think about it esp as may need Op later in the year- with more sick time (and may only get basic sick pay for some of that).:eek: Jobs in arecession esp with recent sick record also don't feel completely secure...
Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
Oh SH
Hope you feel better soon and get all medical things sorted.
I agree that a lump sum seems the best option because clearing the debt will free up lots of money in repayments plus when you have time off it will help and if recovery takes longer it won't matter as you have some extra money to fall back on instead of trying to rush back to work too early.
(((SH)))
EE0 -
Thanks EE - we think we are going to take the money - may not physically get it until May tho.... hopefully we will owe less by then anyway so may then have some spare money for other things which would also be nice!
DD is off sick today
I am off as my arm still hurts. Going to docs later for me and DD altho arm better than yesterdayAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
apparently arm is infected so not going back to work yet - now been given antibiotics
Took DD too and got about 7 things for her eczema which is really bad but hopefully this will help her. they said review in 4 weeks and see if need to do anything else....Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
Take care xx0
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Hi
good news on the pension thing, as you say £50 is neither here nor there in 20 years time, but the money will be handy now. You can always plan for something that would give you an extra £50.
Hope all the health issues get sorted.Debts at LBM - Mortgages £128497 - non mortgage £27497 Debt now £[STRIKE]114150[/STRIKE][STRIKE]109032[/STRIKE] 64300 (mortgage) Credit cards left 0
"The days pass so fast, let's try to make each one better than the last"0 -
hi btd and gill - thanks for posting
dd off sick again too 0- saving me after school club costs at least lol
arm still hurts - but at least it is now being treated
having home made soup soon which should be goodAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/250 -
awww poor lil DD, my sister had eczema when she was little and it was a nightmare, she couldn't go swimming as the chlorine would make the eczema around her eyes worse.
I hope the arm feels better soon xx:idea: Jan 09. Debt @ LBM - £11936.55 Debt at worst - £12600.55 Current Debt (01/03/2012) £8,859.51 29.7% Paid offHoneymoon Fund £410.40/£6000 House Deposit £1.50:A Proud to be dealing with my debts. DFW Nerd 1177 :A0 -
I hope the treatment works quickly and you feel better soon.2019 fashion on a ration 0/66 coupons0
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