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Prosperous soul embraces creativity & mortgage neutrality

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Comments

  • savingholmes
    savingholmes Posts: 29,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ooh I didn't realise you were here, I was looking in the wrong place!

    Happy new year SH, hope you have a fantastic year ahead and fingers crossed you and dd stay well.

    H x
    Welcome back to diaryland and to my diary. Hope you are well. Must go visiting other diaries soon. 

    DD has a high temperature so need to keep an eye on her.
    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
  • jwil
    jwil Posts: 22,391 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I hope DD is ok and you manage to avoid it.  Remember ventilation will have a massive impact on the amount of virus in the air, so try and air the rooms regularly or leave a window slightly open if you can cope.

    Take care xxx
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
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