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FIRE Through The Mortgage - MF by 55 - LATEST
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Same here GT!!!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
Sig updated and another wee hurdle jumped. There has been a significant amount of rebellion on the run up to Christmas!!! Only off set is cancelling lots of child care and working from home a few days over Xmas.Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
Oops! That sounds like there's quite a lot going on behind the scenes! Hope you can have a good holiday time.2023: the year I get to buy a car0
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Thanks Karma Cat! You have a lovely time too:0)Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
2 Christmas nights out in a row! Officially off the MFW wagon again!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
Made toasties today for the family after footy training- that saved a costa trip! Haven't moved this money to the mortgage because we have a lot of Xmas expense at the moment!!!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
hehe hope you enjoyed your nights out :] make a small OP make yourself feel better heheMortgage--- [STRIKE]£67700 March 15[/STRIKE] [STRIKE]£65221 April 15[/STRIKE] [STRIKE]£64983 July 15[/STRIKE] [STRIKE]£64780 sept 15[/STRIKE] Remortgage [STRIKE]£67295 oct 15[/STRIKE] [STRIKE]£66599 Nov 15[/STRIKE] [STRIKE]£65878.73 Dec 15[/STRIKE][STRIKE] £64834 1st Jan 16[/STRIKE] [STRIKE]Feb 16 £64,511.89[/STRIKE][STRIKE] March 16 £64,056.40[/STRIKE] [STRIKE]April 16 £62550[/STRIKE] [STRIKE]May 16 £62,396.20[/STRIKE] Feb 17 £60.800
Emergency fund 23k0 -
So the Xmas sting Im hoping wasn't as bad as I thought it might be due to me cancelling so much childcare in 2015 and having a credit balance! Woooooohooooo. Means I don't need to pay child care for Dec and Jan! So that's great! I'm not going to look at the figures until all the bills go out in Jan, see what op I can make and then work out what I need to do to make my June target!
The bad news - my big plan is like to go up the spout very soon. Consultation for redundancies starts at end of Jan. Nice of them to tell us the Monday before Xmas! I'm actually happy it's the beginning of the end! 70% reduction in staff so I'm unlikely to survive the axe this time!!!!!
Hope you all had a lovely Xmas and have a great new year!!!Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535
Retirement Planning
Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,5000 -
70% reduction? Thats big. Very big. Stay flexible, work out what your options are. Are you reviewing your CV, at a minimum?2023: the year I get to buy a car0
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Huge reduction. Will they provide help with CV writing, job applying? Do you want to survive this cut?
Or is it something you have a hankering after?
Hope this next stage can work for you.Made it to mortgage free but what a muddle that became
In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!0
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