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2020 - 'Nothing in your life will change until you make the decision to change'

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Comments

  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done on the listings. Enjoy your IPad when it comes
    Achieve 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 10/10/25
  • jwil
    jwil Posts: 22,553 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done on the listings. Enjoy your IPad when it comes
    Thank you :)

    Well done on the listings. Great news about the iPad. Hope you have a good day 😊.
    Thank you :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • jwil
    jwil Posts: 22,553 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You're doing really well Jwil. Hope the anxiety eases up a bit soon. Hopefully a week of no homeschooling and work will help you to relax & enjoy the days, so may help the anxiety slightly.  Fingers crossed you get your vaccine soon too.x
    Thank you, hopefully it will ease off again :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • HairyHandofDartmoor
    HairyHandofDartmoor Posts: 13,960 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 15 February 2021 at 4:39PM
    Well done on the selling on ebay Jwil. I hope you enjoy the break from home schooling. I'm enjoying a break from school schooling 🤣.

    I thought I was in group six because of my asthma but they've just announced today that asthma doesn't count unless you've been hospitalised 😥, so I'll be group 8 now based on my advanced age instead.

    I hope you get the patio clean as it will look lovely when you can sit out in the spring/summer. It's strange but I feel like spring will never ever come this year, I feel trapped in eternal winter 🤔 . I must be going nuts 🤔 .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 😱 DEBT FREE 31 OCTOBER 2017 :T 🎉
    EMERGENCY FUND 1 = £50/£5,000. EMERGENCY FUND 2 = £10/£5,000.
    CHRISTMAS SAVINGS = £0/£500. SEF = £1,400/£12,000 PREMIUM BONDS ME = £350. PREMIUM BONDS DH = £300.
    HOLIDAY MONEY = £0 TIME LEFT TO PAY OFF MORTGAGE = 5 YEARS 1 MONTHS
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