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Baby steps to mortgage freedom for beanielou.

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Comments

  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    beanielou said:
    I mean I really want  to say to people to pay money to my energy provider for my birthday.
    If only I could!
    I think you can say this - I would if that's what I needed.

    I think people often want to give us treats we wouldn't otherwise get for our birthday though. If you got someone to buy you clothes or something you would have bought anyway - you could then put that £ towards the energy bill. I appreciate you have a very tight budget though.
    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 10/10/25
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