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Tales from The Shire

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Comments

  • Cheery_Daff
    Cheery_Daff Posts: 17,542 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Gosh, all change at the Fortunate household then. So pleased you can offer your relative a home. Enjoy doing your review of the year! I love reading them :smile:
  • savingholmes
    savingholmes Posts: 29,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's good of you to do. Important to set ground rules if it will be a long term thing... 
    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
  • Very out of date but wanted to add my admiration for bulldog and cow paintings. You are very talented!
  • greent
    greent Posts: 10,832 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 31 December 2020 at 10:17AM
    A great review of 2020, Fortune - lots of positivity there :) x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20
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