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Mortgage free in Forever Home :-)

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Comments

  • savingholmes
    savingholmes Posts: 29,218 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Baking looks tasty.  Enjoy your bank holiday weekend.  I think k jobs are like snakes and ladders. Sometimes you have to go down and sideways before you go back up. I did that 15 years ago and it set me up for later success. You don't know what future doors this step could lead to.

    Mental health is well worth it.
    Achieve FIRE/Mortgage Neutrality
    1) MFW Nov 21 £202K now £166.7K Equity 38.23% 12/7/26
    2) £1.8K Net savings after CCs 31/7/26 (but owed £400) so £2.2K
    3) 44.5/82K = 54.26% AVC Goal by mid 2028
  • SandyShores
    SandyShores Posts: 2,119 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Nice scones!  I'd really like to grow some tomatoes next year - I'm paying 50p each for the ones I like (sort of beefsteak texture but smaller) and using at least 5 a week.  
    "Think of many things, do one"
    Mortgage end Aug £168k £309,749 2020 (ends June 2036 -was 2038- aim for 2031)
    Seven Goals; and healthy diet/walk/run/exercising/weights/yoga
  • badmemory
    badmemory Posts: 10,668 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper
    You would be surprised how many people do not seem to ask questions about their pensions until they are about to take them.  The fiasco of the missing years that has had them ground to a halt for the last 4 years now just shows that.
  • greenbee
    greenbee Posts: 19,566 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I've been ignoring pensions for a while now - I put quite a bit off effort in about 15 years' ago, but life has got in the way. I did consolidate some work pensions, but didn't consolidate the funds which really needs doing. So at the moment I have two 'big' personal pensions that I still pay into, my old SERPS opt-out pension, my last employer's pension and my current employer's pension. I'm seriously considering finding a financial advisor to help me sort it all out. 
  • KajiKita
    KajiKita Posts: 10,535 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    greenbee said:
    I've been ignoring pensions for a while now - I put quite a bit off effort in about 15 years' ago, but life has got in the way. I did consolidate some work pensions, but didn't consolidate the funds which really needs doing. So at the moment I have two 'big' personal pensions that I still pay into, my old SERPS opt-out pension, my last employer's pension and my current employer's pension. I'm seriously considering finding a financial advisor to help me sort it all out. 
    I can send you the details of the chap I used if you like? He made it quite straightforward for me to understand. 

    KK
    As at 16.07.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £213,042
    - OPs to mortgage = £19,809 Estd. interest saved = £10,180 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 57 books of target 52 in 2026 as @ 8th August. 
    Produce tracker: £200 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
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