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Mortgage free in Forever Home :-)
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A trip to A&E for a tetanus shot 💉 in the buttocks avoided!4/10/25Three Years Mortgage Free Yay!
NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢
No Turtle gets left behind.[/b]
******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******2 -
Yup, and serious damage to foot or hand tendons and bones or a knee joint!f0xh0les said:A trip to A&E for a tetanus shot 💉 in the buttocks avoided!KKAs at 15.10.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £229,702
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 60 books of target 52 in 2025, as @ 30th October
Produce tracker: £426 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.2 -
Well done on the deep thinking. I don't like the idea of a measure that finishes at 80 - but at the same time not sure I'd want one to a 100 either. I can imagine you as a celebrant in how you come across.
Well done on getting stuck into the garden. Very therapeutic I'm sure. The catio sounds a grand idea too. It's good that you invested in your garden - especially if that's one of your joys. On the doing your own needlework - there are lots of apps that will pixelate your images - could that be a stating point?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 10/10/250 -
Thank you 😊savingholmes said:Well done on the deep thinking. I don't like the idea of a measure that finishes at 80 - but at the same time not sure I'd want one to a 100 either. I can imagine you as a celebrant in how you come across.
Well done on getting stuck into the garden. Very therapeutic I'm sure. The catio sounds a grand idea too. It's good that you invested in your garden - especially if that's one of your joys. On the doing your own needlework - there are lots of apps that will pixelate your images - could that be a stating point?
I hadn’t thought of pixelating images … 🤔 The problem is most of what I would like to embroider is in my head and I would have to sketch it first! 😉😂 One of the effects I want to create is a sense of depth / perspective / layers - maybe that is where to start … 🤔😊
KKAs at 15.10.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £229,702
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 60 books of target 52 in 2025, as @ 30th October
Produce tracker: £426 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.2 -
Echoing others in that I think you would be a wonderful celebrant.Made it to mortgage free but what a muddle that became
In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!2 -
Yes you'd be a fab celebrant @KajiKita. Is a catio a patio for cats? Love Humdinger xx2
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Sort of. But also sort of like a screened in conservatory. People tend to have them in busy towns so their cats can have the sense of being outside without the danger of straying and busy roads.Humdinger1 said:Yes you'd be a fab celebrant @KajiKita. Is a catio a patio for cats? Love Humdinger xxI’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇🏅🏅🏅2 -
As at 15.10.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £229,702
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 60 books of target 52 in 2025, as @ 30th October
Produce tracker: £426 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.5 -
I have just come off the financial coaching call. It was really good, really positive. Takeaways include:
- getting an aligned plan between Mr KK and myself and stop trying to deal with it all on my own, to map our way to mortgage freedom and retirement.
- review all out outgoings to understand what we would actually need per month in retirement and then compare that to what we are currently projected to get.
- he thinks we may well already be on a good track in terms of pensions - depending on what state Mr KK’s is in and what my final salary pension is worth now - this alone is a huge relief 😊 (Obvs I need to confirm this.)
- the sequence of stashing monies away should be:
workplace pension especially if it is a salary sacrifice scheme as you get tax relief and matched monies from employer up to a certain level, then
stocks and shares ISA if running at 6 to 8% and you intend to run it for c. 5 years, then
OP mortgage, if the mortgage is at less than 5%
- you can have different bits of money held in different levels of risk. I know this is obvious, but the penny really dropped for me today. So, my emergency fund should be in easy access, but lower interest accounts, part (but not all) of my pension could be in a higher risk fund, and some monies could be invested each month in a slightly higher risk approach - probably a stocks and shares ISA as I don’t have time to manage shares myself.- why market volatility can be a good thing if you are steadily drip feeding a set amount of monies into a fund each month.
- what the potential negative impact could be of a ‘Lifestyle option’ in my pension portfolio structure of the last 5 years of building it, if I don’t intend to buy an annuity.
- I am quite hard on myself and he thinks we are in a better position than many and we still have time to do more if we want to. He also thinks we don’t really need any further help from him in terms of setting a plan but would be willing to have session with Mr KK (for free) to see if that would help Mr KK get his head aligned with mine.I feel like I have some concrete steps to take and much more reassured that I understand more of what I am doing now.KKAs at 15.10.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £229,702
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 60 books of target 52 in 2025, as @ 30th October
Produce tracker: £426 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.7 -
I love the catio!Mortgage OP 2025 £7550/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £34,196
Money making challenge £78/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)3
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