What have I done....

Arkers

Hi LJ - have you moved onto pastures new now you are MF, or are you living the Dolce Vita! Hope horsey is enjoying the spring grass and is now settled into his new digs.

Muser1

You need to move or something Laura I really miss your diary.

Hope you are well.x

LauraJo

Well hello

Its been aaaaaages since I've posted!

So the news so far....

Bonus came in which was less than expected but I managed to find another £500 so managed to overpay £4500 at the end of March!!
That just gives me £1500 to find and I've just secured some work for June that will find £900 of that. Basically I feel like I have finished

I have just come back for a week in sunny Spain and and currently booking a long weekend away with the rents at the end of May (what have I let myself in for!!!) I'll pay for them too as they have been supportive with encourgement, food and essentials for growing our own veg!!

I wont lie, life is good! Its way less stressful although everytime I spend money it makes me stressed but I'll get over it!

The big thing I have noticed is now a gap in my life because, aside from holidays the day to day hasn't really changed. In short, I feel goal-less!!!

I have a couple of options:
1. Renovate the house. It is needed but I literally have no time, can't really be bothered and spending money is stressing me at the mo!!
2. Save for retirement. My OH has always said I can retire when I have 100k in the bank. Ok that's probably not enough to live on but he gets a pension in 9 years and we are planning on moving to a cheaper area so between the 3, we reckon we could be happy enough. Number 2 would also give an excuse for a new diary :D
Not sure if there is a 'saving for retirement section tho??!! Maybe I could pretend its for a house and keep it in here lol!!

Ultimately I would like to work part time but there is no option in my current role so would mean a new job which again, I can't be bothered to go and get yet! And ole misery indoors aint that keen on that idea!

I'm thinking number 2 might be the way to go :huh:

Ooops long post

Watty1

Yayyy!! Lovely to hear from you. Am thinking number 2 is the way to go and you can add a diary on here. Squirrel is doing that and its a great read as she plans her way to retirement after becomming MF.

Alchemilla

Have a read of mr money mustache.
Lovely to see you. X

Muser1

Yey you are back!

Number 2 sounds like a plan

wantabetterlife

Great to see you back LJ!!!

LauraJo

Hi all
Thanks for the tips, I'll take a look.
News in the mean time is that OH has set up a savings account thingy - yes actual savings, done off his own back! I'm amazed. He has set me one up too (as its something to do with a good rate of interest) but I haven't had a chance to look at the paperwork yet!
Happy Thursday everyone!

LauraJo

Decision made (I think )
I am going to finish paying the 1.5k at some point and then save £100k for retirement. OH retires in 9 years and I could then retire then too (aged 44 lush! He will be 51)
However I really don't like working so I wonder if I could bring that 9 years to something more like 6 or 7?
He would still have to work because he doesn't get his pension until then but I could retire and play with ponies all day?!
If I aim for 6 years then thats about £16.5k per year but I assume at some point I will get some interest on that? I really have no idea about savings so need to start some research.
6 years and counting..

Can I keep the thread here though please peeps?! I can't see anywhere else to put it and I want to keep motivated by keeping a diary. Basically I'm copying secret saving squirrel!! :rotfl::rotfl:

gallygirl

Starting from today:
Assuming interest @2% and you also increase annual payments by 2%.
Year Total
1 £16,665
2 £33,997
3 £52,015
4 £70,740
5 £90,194
6 £110,397
7 £131,372 If you can invest in the stock market, possibly a lot more. Or a lot less :rotfl:.

Oh my goodness there will be no-one working in the UK soon at this rate :T.