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Building towards a complete life overhaul....might take a while but determined to do it

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  • savingholmes
    savingholmes Posts: 29,034 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Logistics are likely to be a pain. It's one of the things making me delay too
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
    (If took bigger lump sum = 53.3K or 41.8%)
    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 29/7/25
  • Well done on the decluttering. Were you intending to hand in your notice in the New Year then? Even in lockdowns you can normally move house but viewing properties may be problematic. There was talk of life getting more or less back to normal by Easter but who knows. Worst case scenario you sell your place but can't find anything  in Wales. Are you going to have to find a job as well or are you relying on setting up a business? 
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    The 365 Day 1p Challenge 2025 #1 £667.95/£391.55
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  • Happy Birthday MT 🥳💐🥂🎁
    Debt Free 🍾 since 6.8.13 £31,997
    Saving for 🎄 🎁 2025 £500/£800 62.5%
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    It turns out the answer to my problems wasn’t at the bottom of this tub of ice-cream, 🍨 but the important thing is that I tried...
  • Happy birthday!!! 🥳🥂
  • Happy birthday, glad you had some sunshine :smiley:
  • Happy Birthday :) 
    I too found four small boxes of stuff from school from a million years ago :) Decluttering that gave me an enormous sense of closure ! Did question my past self on why I was keeping some of it!! 
    Baked camembert is so good! 
    Take care XX 
    Nevertheless she persisted.
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