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2020++ - smiling and waving and looking so fine

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  • savingholmes
    savingholmes Posts: 29,049 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck with the laptop... It's part of DH's day job but he's reluctant to do it a home LOL
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 £4.8K updated 13/9/25
  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 17 January 2021 at 6:49PM
    Quiet weekend, didn't get to the tip but added to the rubbish pile.  I should manage to get out to do so on my lunchbreak tomorrow!  Sorted out DD2 room (now she's in London) that the new virgin box will be going in, so its now tidied and a functioning spare room/office, although it does need a coat of paint so I won't claim success yet.  

    Done a few NSDs this week - if anything this month feels even cheaper than the first lock down, as the food supply is more stable.  That said we need a fairly major top up tomorrow as we are down to our last planned meal tonight - after that will be store cupboard and freezer (which usually means cheese omelette!)
    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: 29,049 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You're making progress on the house. Celebrate the wins.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 £4.8K updated 13/9/25
  • savingholmes
    savingholmes Posts: 29,049 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds great. I have oodles of spreadsheets where I have crunched various scenarios too!
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 £4.8K updated 13/9/25
  • It's great to have something to aim for!
    Our tip you have to book in advance now and can only go once in a 7 day period and usually booked up for next 3 or 4 days very frustrating. 
    *Dad loan - £5300 - £7200
    *Virgin Credit Card - £3552.50 - £0
    *Natwest - £1828.35 -£0.00

    Barclaycard - £2315.25 - £0.00

    Creation Finance - £960.32 £840
    *Total debt - £8040/£11641.17*


    Savings
    *Savings Buffer - £100/£1500
    *Emergency Fund - £1500/£1500


    New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/
  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thanks again SH - I know but I don't want to spend all my time in an XLS just 82.3%

    Hi Sarah, I know we are very lucky.  Sometimes there is a queue at the tip, but generally its relatively quick.
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • doingitanyway
    doingitanyway Posts: 10,155 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Mortgage-free Glee!
    All sounding good here. Decluttering, tip, weight loss and retirement targets. I agree re the Over 50's section. It isn't as dull as the pensions and retirement thread...
    If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them

    Emergency fund 800/1000
    Buffer fund 0/100
    Debt Free (again) 25/072025
  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well the Virgin man has been and gone.  Did a lovely job.  Very very odd having someone in the house, but he was being obviously very careful, as were we.  Hardly any mess and was done (inside, outside, Telly) in a couple of hours

    DS1 is delighted he downloaded a game update in 8 seconds (previously minutes), and then downloaded a huge game (98GB in under an hour - 220Mb/s).  Also as we now have the hub on the first floor the wifi signal round the house is excellent

    So a very happy internet bunny
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
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