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2020 Mortgage-Free Wannabes
Comments
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            Can you add me please? My initial target is approx 1% of my mortgage so £1.45K for the yearAchieve 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 10/10/250
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            #41 reporting in with an early Overpayment of £197.01
 January so far: £197.01
 YTD: £197.010
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            Here we go again! It’s a New Year, new number of #21 with a new target of £12,000. First payment made this morning and the mortgage has been reduced by a respectable £1,000. Good luck to all and thanks to JC for running this challenge again.0
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 Hi MIB, I can't give you #10 unfortunately (I re-allocated numbers where I hadn't heard an update in the last 5 or 6 months, super sorry about that!), but I've given you #5 if that's ok?Maybe_its_because wrote: »Hi Julicorn,
 Thrilled to see you running the 2020 challenge.
 Please could we signup? Number 10 again if you can.
 This year, we’ve lots of catching up to do but still a lot of outgoings.
 Can you please set us a £2,000 target. Erring with caution but, hopefully, achievable.
 Thank you
 MIB x0
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 Thanks for taking part again! You're now #6benmclaughlan wrote: »Hi Julicorn - new number for my this year I’m now 83. Could I set my target to a very specific £24975 hoping 2020 will the year I clear my mortgage 👏🏻 0 0
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            Hi,
 Can I join please? I'd like to pay £8000 off my mortgage this year.... possibly more but as this is my first time on challenge, I'll start with that 
 Is that all you need to know with monthly updates?
 Hi bigbeff, welcome to the challenge! Yep, that's all I need for now - when you start making overpayments, just post about them here 
 You're #9.0
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 Welcome to the challenge! You've got #20 nowscottishlass wrote: »I would like to join too please with a target of £2760 Having moved to our new home in March and a much bigger mortgage we've only OP around £500 to date so hoping to challenge ourselves a bit more for next year. 0 0
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            teameffort wrote: »Hi Julicorn
 If possible please can I have a lower number after the deadline (currently #38). I'm struggling to scroll down the S/S.
 Either way, can I please increase my goal from £6,500 to £9,500, we're aiming high for 2020.
 Thanks
 Teameffort
 That's all noted, and I've given you #14 now 0 0
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