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So close, we can smell mortgage freedom!

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Comments

  • themadvix
    themadvix Posts: 8,943 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Not sure we’re actually going to see much of Glasgow this time Baileys Babe - we’re thinking of breaking our journey in Edinburgh on the way back as Mr MV has never been (and it’s been 20 years since I was there). But all of Scotland is fine with me! 😁

    Off the Helensburgh for breakfast!
    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


  • savingholmes
    savingholmes Posts: 29,049 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds lovely trip 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 £4.8K updated 13/9/25
  • Cheery_Daff
    Cheery_Daff Posts: 17,396 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Oh no, sorry to hear you've got covid! Hope it doesn't get any worse and passes quickly.

    Glad the PC product trial turned up. They ditched me ages ago sadly - didn't even tell me, just stopped letting me do anything.
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