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Alchemausterity II

16263656768104

Comments

  • Alchemilla
    Alchemilla Posts: 6,275 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Wow. That was quick to get it sorted. Hopefully the £77 is affordable for you. Better than a varying amount
    That was fast!  Agree with savingholmes, hopefully affordable and so much easier to plan when you know the amount. 


    It doesn't kick in until September. With a bit of luck between me and DH our paltry pay rises will cover it.
  • savingholmes
    savingholmes Posts: 29,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Karmacat said:
    No you don't. You need to grieve for the year and what has happened. You need to give yourself time. No shoulds or oughts. Just be.
    ^ seconded. 
    The stuff that falls by the wayside ended up there because it's less important. 

    Thirded.  All these life-changing events that have happened this year - you *need* to re-integrate yourself, by being kind to yourself, sleeping, thinking, finding a bit of fun here and there.
    100% agree. You have been pushing hard. Not surprising if you wobble sometimes or everything doesn't get done.
    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
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