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Getting FIREd up 😀

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  • South_coast
    South_coast Posts: 6,749
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    So the money is currently in both accounts, which would be nice if it's true, but unlikely! I can't invest it yet, as it's evidently not properly arrived (as it's still in the old account 😅), so it's just teasing me at the moment!

    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • South_coast
    South_coast Posts: 6,749
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    🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • South_coast
    South_coast Posts: 6,749
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    Inspired by Julicorn, I have been having a nose at the detailed breakdown of the figures used to make th retirement living standards data. I'm thrilled to report that I am saving 2p/week by not having a washing up bowl, and 1p/week from not having a biscuit tin - though feeling slightly grubby for not getting through a bottle of bleach once a fortnight 😅 If I can hold on to my teeth, I will save 24p/week on denture tablets, but I definitely buy an umbrella more than once every two years, so I'd better allocate more than 10p/week for that 😀

    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • South_coast
    South_coast Posts: 6,749
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    Forumite

    £30 every 6 weeks on podiatry 😱!

    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • greenbee
    greenbee Posts: 19,954
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    you might need it when you are older! My mum has a foot care person every 2 months at £30 (I try to go over then too and have my feet done) and the chiropodist (harder to find) on the alternate months. Feet are important if you want to stay mobile and independent into your 80s/90s or later.

  • South_coast
    South_coast Posts: 6,749
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    I stand corrected greenbee!

    Vix, the data is available to download at the bottom of this page. I was looking at the "single female" ones, and the figures I quoted were from the minimum level. There's a huge amount of detail they've gone to in order to work them out https://www.retirementlivingstandards.org.uk/details

    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • themadvix
    themadvix Posts: 9,866
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    Thank you! I’m sure it will make for interesting reading!

    Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days

    'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway


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