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Future Proofing my life: Deposit saving then MFW journey in under 13 years

LadyWithAPlan · 2021-08-11 13:58:38

I have been reading lots of these MFW diaries over the last few weeks, some 300 odd pages long and tracking a decade or more of life. They have been fascinating, very inspirational and given me some great ideas. I am looking to buy within the next year, and then get MFW and o/p as soon as I can. My savings rate, income…

Comments

Queen_of_the_Hive Posts: 1,397 Forumite

16 December 2025 at 9:44PM

Merry Christmas @LadyWithAPlan hope life is treating you well x

2026 financial goals & challenges!

1). Mortgage (started Jan 2024) £98,254.64/ £122,400.00 Overpayment total: £1460.47 (Inc Sprive yr 1 & 2 o/p £70.93, £5.52 Natwest o/p & £55.34 reg monthly overpayment) Equity 33%

2). #47 Save 1p a day challenge 2026 £96.47/£780

3). £2741.53/£3000.00 - Investment ISA

4). CC debt - £21,148.38. Aiming for £19,999.99 31/12/2026

5). £252.66 / £1000.00 - EF

6). Lose weight, get fitter and read 12 books in 12 months in 2026. 2 out 12 COMPLETED
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savingholmes Posts: 29,194 Forumite

7 April at 3:41PM

Hope you are doing okay LWAP and you come back and update us.

Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £2.5K Net savings after CCs 14/4/26 (but owed £1.1K) so £3.6K
3) Mortgage neutral by 06/30 (AVC £39.3K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 45.2K of £127.5K target 35.4% 8/5/26 (If took bigger lump sum = 67.1K or 52.6%)
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 £5.4K updated 8/5/26
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Sistergold Posts: 2,157 Forumite

13 May at 10:32PM

just checking on you LWAP 🥰

Initial mortgage bal £487.5k, current £238k, target £122k (quarter way!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),
Target is to pay it off in 10years(by 2030🥳).
MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
To save £100k in 60months start 01/01/2027
Am a single mom of 4.
Do not wait to buy a property, Buy a property and wait. 🤓
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