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Comments

  • savingholmes
    savingholmes Posts: 29,099 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Great news on the bonus. Exciting times. I would be there with the advance payment set up too....
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.3K Equity 36.55%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
    (If took bigger lump sum = 62K or 48.6%)
    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 £5.1K updated 14/11/25
  • Thank you all... really pleased with payments made and plans for next few weeks/months.  
    The decorating is disruptive, OH and I working out who will be home for trades etc.  Had to get rooms as empty as poss for plasterer coming tomorrow.  Amazing how time consuming it is to sort out 2 rooms and I'd consider them both quite tidy anyway!
    DFD March 2025 (£35000 paid off)
    FFEF £10000/20000 saved
  • savingholmes
    savingholmes Posts: 29,099 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If yours were tidy to begin with you have a head start on me. I'd first have to make the place respectable!
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.3K Equity 36.55%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
    (If took bigger lump sum = 62K or 48.6%)
    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 £5.1K updated 14/11/25
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