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SF's road to MF/FIRE - Take Two!

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Comments

  • savingholmes
    savingholmes Posts: 29,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done on the blog income. Sounds exciting about youtube too. Well done. I am planning to publish my YA fantasy novel in May and am busy setting up a website to supplement that.
    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
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Bargainhunter30 said:
    Definitely agree it's great to be boring money wise when so many will be struggling. The planning and hardwork has been very worth it.
    It really has :) 
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    savingholmes said:
    Well done on the blog income. Sounds exciting about youtube too. Well done. I am planning to publish my YA fantasy novel in May and am busy setting up a website to supplement that.
    Ooh good luck with that - keep me updated! :) 
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    try_harder said:
    Well done ,you are doing great and your numbers are increasing nicely ..I really enjoy listening to you on YT you keep me motivated which is just what I need

    Thank you for watching my YouTube! I am trying so hard to build that and it takes so much time so it's nice to hear that someone enjoys it :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • slowlyfading
    slowlyfading Posts: 13,429 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    June 2nd.

    So, a new month and so I am setting some goals:
    - 20 NSDs
    - £185 OP
    - £700 to investments
    - £200 in side hustle income

    I don't know what dividend income I am getting this month; I have had some dividend cuts recently so I suspect it will be lower than last year. I am just plodding along with my strategy; as they are in there for nearly 20 years I think it will work out in the end :)
    Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.
    Personal Finance Blogger + YouTuber / In pursuit of FIRE
  • savingholmes
    savingholmes Posts: 29,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Great progress. Your side hustle income is going up too!
    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
  • ajmoney
    ajmoney Posts: 6,478 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 10 June 2020 at 7:18PM
    I watched a few of your youtube clips this morning, it has been a great motivator and helped give me a bit of clarity when I was starting to get quite overwhelmed by everything.  Thanks for putting the info out there, it is great.
    MFW 2025 No. 7 £2331.07/£2700
    MFiT-T7 No. 6 £4868.07/£30,000
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