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Stopping at 48 - is it possible?

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  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    I have just read your whole thread and what a journey. Massive well done for taking the risks and putting the work in to achieving a better life.  I’m so happy for you. 😃
    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-£311,500
  • swindiff
    swindiff Posts: 976 Forumite
    Tenth Anniversary 500 Posts Name Dropper Newshound!
    edited 15 January 2024 at 12:03PM
    If nothing else, at least in the short term stick your £120k savings into an account earning 5%.  Between us the wife and I have £60k in Tandem accounts and this is currently bringing in £250/month in interest.

    Edit, I just realised how old this thread is  :D
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