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Prosperous soul in the making

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  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I remeasured the tall unit area wrong so need to amend my order / get different options
    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
  • jwil
    jwil Posts: 22,448 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done on the weightloss and the walking :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • Grogged
    Grogged Posts: 866 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Chrystal said:
    SH and Grogged can you give me the specifics of the kitchen pull out drawers please?
    We used the ones for Pax wardrobes, kompliment I think.
    At the time, about 2 years ago, they sold wire mesh drawers about 6" deep. The mesh was quite big, around an inch.
    We also used one as a larder cupboard, ideal for storing tins and packet food.
    Appreciate now you can get similar in most kitchen ranges these days.
    If it's not adding up, compound it!
  • Blackcats
    Blackcats Posts: 4,007 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Brilliant weight loss. Think how many bags of flour worth of weight you aren't lugging round with you anymore
  • MovingForwards
    MovingForwards Posts: 17,164 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Can you do a mock up of your kitchen, then do both units to see which one would look better before committing?
    It maybe something you or DS can do with p-shop or other image manipulation package.

    CC is coming down each time you make a payment.

    Have fun at NT tomorrow, do tell us about it 🤗
    Mortgage started 2020, aiming to clear 31/12/2029.
  • jwil
    jwil Posts: 22,448 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope the call went well and hope you had a nice day out :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • MovingForwards
    MovingForwards Posts: 17,164 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    The CC is going in the right direction. Perhaps remind DS his board needs to be paid by a certain date as it's used to help the family. 

    I'm pleased you enjoyed the NT, have you any more lined up?

    Kitchen is coming along well and the draw liner ideas are great, may have to borrow that! Never thought about 1k3@ having a kitchen mock up package. I've found watching programs do give the push in the right direction, especially to get going.
    Mortgage started 2020, aiming to clear 31/12/2029.
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