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Learning to walk before I run
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@LadyGnome - the builders are like the Scarlet Pimpernel atm6
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edinburgher said:Had thought about doing a NW update for the end of February, but the stock market is making that less enjoyable. Poor Ukraine
having had to be offline when my interweb connection broke, I had the news on in the background a *lot*
Awful.
2023: the year I get to buy a car6 -
Glad you are feeling betterAchieve 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 29/7/255 -
Bought some lottery tickets and paid another £10 into my SIPP. I am a big saddo - fully appreciate I may pay tax on my SIPP - but feels like I've won a game every time I get the extra 20% added
Are pensions just gambling for "sensible" people?
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It's effectively 25% uplift on pensions which helps cushion rise and fallsAchieve 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 29/7/255 -
edinburgher said:
Are pensions just gambling for "sensible" people?
No, not really
but you're doing brilliantly again, Ed. Enjoy
2023: the year I get to buy a car6 -
Shamless referral linkFor anyone interested in a free £15/a magical savings app that uses AI to save for you at a not horrendous instant access rate of 0.61%, Chip are offering me £15 for any referrals until midnight on Monday 28.02.22. You'll get £15 too.Risk free (FSCS protected up to £85,000) - just download the app, add my referral code (CHIP-GHV475), pay in £1+ (I went for £1.01) and keep it saved for 30 days.If you just want the £15, turn off all the autosaves etc. Then repeat by generating your own referral codes and getting your OHs, adult children etc. to sign up by midnight Monday for more free moneyWould appear to be money for nothing, so much as that is possible. Don't worry, I don't intend on turning this thread into a bunch of referral guff, it's just a better offer than the usual tenner.10
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That's very interesting, Ed, I'll add it to the bottom of the to-do list on my thread. I'm all for the free money again2023: the year I get to buy a car7
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Aha - rugby not so good!7
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So glad you are feeling a bit brighter now xxx7
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