2742 days until Retirement

Lrimas

Budget day is done and I have earmarked another £1732.43 for savings. I made £653.58 with matched betting and another £771.48 was paid into my pension making my total savings for the month £3157.49.

This is a permanent pay increase of £126.3 per year or £10.52 per month for the rest of my life!

I've also increased the 'percentage done' on my goal by 1.93% and if every month is like this month I'll be done with goal 1 in 24 months

Goal 1: Become Mortgage (and money promised to Nieces/Nephews) neutral for my half of the mortgage.!
This will ensure that no matter what happens, I will always be able to make my mortgage payment.
Need (my half mortgage): £147988.565
Need (nieces & nephews): £12484.8
Need (total): £160473.365
Saved: £86414.82
Percentage done: 53.85%

Goal 2: Become semi-financial independent.!
In other words, have enough money to sustain me if I leave my job, but I have to continue to make a second income via matched betting/etc. Another way to look at it is that I'll be saving 100% of my income at this stage. Scary.

Goal 3: Become financially independent!

Goal 4: Retire

Lrimas

I love bonus month :D:D

This year I had most of my bonus paid into my pension, so I didn't see much of a pay increase, but it makes a HUGE difference to my savings.

Budget day is done and I have earmarked another £2354.25 for savings. I made £310 with matched betting (I was having a VERY bad month with my casino offers) and another £6377.08 was paid into my pension :T:T (Thank you bonus) making my total savings for the month £9041.33.

This is a permanent pay increase of £361.65 per year or £30.14 per month for the rest of my life!

I've also increased the 'percentage done' on my goal by 6.75% and if every month is like this month (if it could only be bonus month every month ) I'll be done with goal 1 in 6 months

Goal 1: Become Mortgage (and money promised to Nieces/Nephews) neutral for my half of the mortgage.!
This will ensure that no matter what happens, I will always be able to make my mortgage payment.
Need (my half mortgage): £147293.615
Need (nieces & nephews): £12484.8
Need (total): £159778.415
Saved: £96822.94
Percentage done: 60.6%

Goal 2: Become semi-financial independent.!
In other words, have enough money to sustain me if I leave my job, but I have to continue to make a second income via matched betting/etc. Another way to look at it is that I'll be saving 100% of my income at this stage. Scary.

Goal 3: Become financially independent!

Goal 4: Retire

Lrimas

Budget day is done and I have earmarked another £1584.39 for savings. I made £621.38 with matched betting and another £771.48 was paid into my pension making my total savings for the month £2977.25.

This is a permanent pay increase of £119.09 per year or £9.92 per month for the rest of my life!

I've also increased the 'percentage done' on my goal by 2.15% and if every month is like this month I'll be done with goal 1 in 18 months

Goal 1: Become Mortgage (and money promised to Nieces/Nephews) neutral for my half of the mortgage.!
This will ensure that no matter what happens, I will always be able to make my mortgage payment.
Need (my half mortgage): £146578.125
Need (nieces & nephews): £12484.8
Need (total): £159062.925
Saved: £98564.43
Percentage done: 61.97%

Goal 2: Become semi-financial independent.!
In other words, have enough money to sustain me if I leave my job, but I have to continue to make a second income via matched betting/etc. Another way to look at it is that I'll be saving 100% of my income at this stage. Scary.

Goal 3: Become financially independent!

Goal 4: Retire

Lrimas

It's that time of year where I check the status of my investments. My investments did really well (unfortunatly it is only because the pound is so weak and it will be more expensive for me to buy shares going forward.) and I am on track for retirement 6 years from now. My totals are:

Pension: £77 312
Cash/ISA/VCT: £34 145
Total: £111 490

Right now my pension is too high compared to my other savings but the other savings should catch up in the next few years as I'm pumping in more money there. I need to ensure that I can survive until my pension becomes available.

Lrimas

It is now just a year for me to achieve my first goal :beer:

I've also been playing around with my spreadsheet a bit and I've realised that the biggest problem with my plan is that I have too much money in my pension. I'm going to struggle to make it to 55 on the money I'm planning on saving outside my pension and if they change it to 57 I just won't make it.

This won't be an issue if Matched Betting keeps on being lucrative, but part of my plan is that I don't have to rely on that. I think I might have to add another year to my plan.

But... these are all things I can worry about later. For now I have to focus on getting mortgage neutral. So onto the figures:

Budget day is done and I have earmarked another £1622.29 for savings. I made £1182.62 with matched betting and another £771.48 was paid into my pension making my total savings for the month £3576.39.

This is a permanent pay increase of £143.06 per year or £11.92 per month for the rest of my life!

I've also increased the 'percentage done' on my goal by 2.35% and if every month is like this month I'll be done with goal 1 in 12 months

Goal 1: Become Mortgage (and money promised to Nieces/Nephews) neutral for my half of the mortgage.!
This will ensure that no matter what happens, I will always be able to make my mortgage payment.
Need (my half mortgage): £145881.645
Need (nieces & nephews): £12484.8
Need (total): £158366.445
Saved: £114719.56
Percentage done: 72.44%

Goal 2: Become semi-financial independent.!
In other words, have enough money to sustain me if I leave my job, but I have to continue to make a second income via matched betting/etc. Another way to look at it is that I'll be saving 100% of my income at this stage. Scary.

Goal 3: Become financially independent!

Goal 4: Retire