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Mortgage free in Forever Home :-)

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Comments

  • Cheery_Daff
    Cheery_Daff Posts: 17,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Big hugs to you all,  sounds like the bed will be a good idea,  and it's great that you're all helping get the paperwork in order too.

    Also a good idea to consciously leave work outside for the weekend!


    Hope your weather is calm and dry like ours is today 😊
  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi KK - I can relate having had a FIL leave us through cancer decades ago. It's good that it's allowed time to get some of the practical things sorted for MIL - but not nice witnessing someone's extended pain and health deterioration. Hope you get some recovery time.
    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
  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Very productive day.

    Sorry FIL is deteriorating and wider family is doing what they seem to! Good of Mr KK to step in.
    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
  • Sending virtual hugs 
    Love 🐞

    Grow your own: £14.66
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