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2020++ - smiling and waving and looking so fine

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Comments

  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My and OH extended friendship group has a number of pushy parents - it works up to a point then it doesn't and when it breaks the lifelong damage is real.  You need to grow a whole human, not just an achievement driven one - yeah don't be a complete softy  but its about channelling the desires they do have not imposing yours on them.  Although you have to help with what's important and what's not 
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • Humdinger1
    Humdinger1 Posts: 2,901 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    edited 15 November 2022 at 3:37PM
    Yup pushy parents round the corner from us; all their eldest son was ever allowed to do was homework and cricket.  It got him to a prestigious uni reading maths.  He dropped out at the end of his first year; as the parents said,  what  could they do with him aged 19... insisting was no longer an option. They realised that his happiness hadn't been a high enough priority.  He's now working happily as a chef..a
    worthwhile career that allows him to have a life too.  Growing the whole person is exactly right @mark55man
  • alt80
    alt80 Posts: 4,685 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    @mark55man / @Humdinger1 thanks, it's definitely not easy. Most of us are just trying our best and don't always get it right. I know they mean well tbf I used to avoid spending time with my boy as I thought that best for him, it's not, I know that now. It was an acknowledgement of the idea of growing a whole human and thinking how can a !!!!!! up like me achieve that which led me to try to avoid spending time with my family in the first place.
  • I know a few pushy parents and never see the point.  We're firm with ours and don't want them to be wasters, but we're supportive in anything they want to do.  I guess private education attracts more pushiness as it's costing the parents a fortune and they want to see a return :/
    DFD March 2025 (£35000 paid off)
    FFEF £10000/20000 saved
  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    355 days to R day

    Re-joined the gym yesterday, and then when my 4:30 slot came round I got distracted by a work call and missed my slot (had an evening out planned).  So not a great start - but its sunny at the moment so I will go out for a walk this morning and a longer slot in the evening when OH is at a charity thing,

    Haven't looked at my weight for a few weeks, but feels like maintaining.

    Have a good weekend all - am going to try and get some chores done this weekend - only 5 weeks to Xmas and there is a lot to do!!
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • savingholmes
    savingholmes Posts: 29,178 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck with the chores, steps and weight
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
    2) £2.5K Net savings after CCs 14/4/26 (but owed £1.1K) so £3.6K
    3) Mortgage neutral by 06/30 (AVC £38.5K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 44.4K of £127.5K target 34.8% 17/4/26 (If took bigger lump sum = 66.4K or 52%)
    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 £5.3K updated 17/4/26
  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just done some more number crunching and calendar scrutineering,

    I was at 355 days to R days - but that included bank holidays and vacation - so between now and R Day I have 45 days holiday and 15 bank holidays until early May 2024 which seems to be the date where everything aligns with myself and OH and pots of money needed.  A giant inconvenience not being actually mortgage free but I have a pot set aside.

    So in a massive change of approach I am now counting 295 actual working days to R Day.  Every full working week will be 1.5% of that total.  I can live with that.
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • alt80
    alt80 Posts: 4,685 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Great to hear you’ve rejoined the gym. Hope you managed to get there yesterday, make it a part of life and going becomes more routine over time. 

    I assume you will be aiming to get the mortgage neutral pot to balance by the point of your retirement? Possibly a word with your employer about perhaps easing into retirement say from May 2024 through 2025? I have had a few old boys do that not necessarily for financial reasons but to get used to no longer working. Some find it easier than others, I had one stay until Covid doing a day or two a week as he found he enjoyed working a little. Still speak from time to time now but he’s got used to full retirement. Had others that just stopped working and took to it straight away. I don’t think I could completely retire though tbh never had much else going on in my life than business. 

    @ohdearhowdidthathappen 100% from our experience tbh they just want the best for their kids and see that ‘return’ as being what is ultimately best for them, also a cultural thing with some too. I've been there with trying to avoid my family, thinking it’s what’s best for them, and as a family we've wound up dealing with it and a load of other things in therapy. 

    Actually think everyone should be offered therapy during different stages of life, it's something I've wound up spending a lot of money on and needed but my wife who didn't have the issues I did is also in therapy and it's changed her outlook in life in a beautiful way. No doubt we are both better parents now for being in therapy. 
  • savingholmes
    savingholmes Posts: 29,178 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good that everything is aligned Mark. 

    @alt80 agree that therapy can majorly improve / smooth life.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
    2) £2.5K Net savings after CCs 14/4/26 (but owed £1.1K) so £3.6K
    3) Mortgage neutral by 06/30 (AVC £38.5K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 44.4K of £127.5K target 34.8% 17/4/26 (If took bigger lump sum = 66.4K or 52%)
    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 £5.3K updated 17/4/26
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