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!!My time to be mortgage free!!
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Good to have targets. Hope you are having a positive weekAchieve 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 13/9/251 -
And your Mrs. Loving the diary I am following you xsavingholmes said:Good to have targets. Hope you are having a positive weekPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Whoooop mortgage payment day
Drum roll.....
£43381 remaining in total and 8yrs 5 month / 8yr 10month remaining in on each.
Will over pay next week to get it down to zero club xPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe3 -
My aim is still to get the mortgage paid off in 2027 so need to shave 3 years and 10 months max off the term!!!
.Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe2 -
Just keep overpaying
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Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.2 -
How much extra do you need to pay to bridge the gap?
Thanks for following me 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 13/9/251 -
Think it works out an extra 200 a month....I can but try!!savingholmes said:How much extra do you need to pay to bridge the gap?
Thanks for following me too.Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Is it spare or do you have a plan to bring in extra income?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 13/9/251 -
I do lots of surveys but they average maybe 20 a month. It would be trying to scrimp or save the restsavingholmes said:Is it spare or do you have a plan to bring in extra income?Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1 -
Whooop December over payment made. It has been tight this month. Hope I can make it in January with the Christmas credit card needing to be paid off
ZERO CLUB over payment of £81
Takes me to £43,300
Really want to be under 40k mortgage for the new tax year.
Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe2
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