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10 years to clear £334K - our FIRE journey

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  • savingholmes
    savingholmes Posts: 28,912 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just caught up. That's some back pay and OP this month. 

    Good luck with applying for the new role.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £175.8K Equity 32.38%
    2) £4.3K Net savings after CCs 13/5/25
    3) Mortgage neutral by 06/30 (AVC £20.6K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 26.3/£127.5K target 20.63% updated 16/5
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.4K updated 16/5
  • CCW007
    CCW007 Posts: 1,068 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 18 December 2023 at 6:17PM
    £9.12 cashed out from PA = £180 / £520.

    Now on leave until after Christmas but will be busy with kitchen preps. OH is working until Wednesday then off Thursday and Friday.

    OH reminded me he can't plumb in the radiator in one of the bedrooms until I have painted the wall it is going on and he needs to plumb that in before removing the plumbing in the kitchen so better get cracking!

    Lunch out with old team today and lunch with old workmates tomorrow.  Plans for Christmas with family have changed again so likely to be seeing them before the new year.  Today's lunch wasn't cheap but tomorrow's is at a Spoons (not my choice) so won't be too expensive.   

    Post arrived today and feels like there is a card for OH so hopefully we can get into the app and do the money transfer tonight / tomorrow then stuff it all in an ISA before the end of the week.
  • savingholmes
    savingholmes Posts: 28,912 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck with the redecorating
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £175.8K Equity 32.38%
    2) £4.3K Net savings after CCs 13/5/25
    3) Mortgage neutral by 06/30 (AVC £20.6K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 26.3/£127.5K target 20.63% updated 16/5
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.4K updated 16/5
  • CCW007
    CCW007 Posts: 1,068 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Oops, also forgot we are out for lunch on Saturday for OH's birthday. Lots of eating out this week!

    Temp kitchen set up in the conservatory. FF needs to move into living room, cooker will be removed at the last minute, huge sink unit is staying in the kitchen but on skates to move it around. That thing is only ever going to leave the kitchen in pieces, how we got it in there I have no idea 😁

    Dogs very confused and can't work out where they are supposed to sleep! 

    Have found so much tinned stuff I had forgotten so need to hit the reverse meal planning thread. 11 cartons of silken tofu anyone?
  • savingholmes
    savingholmes Posts: 28,912 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Those sound pretty full on activities in the week before Xmas! You'll need your meals out from the sound of things.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £175.8K Equity 32.38%
    2) £4.3K Net savings after CCs 13/5/25
    3) Mortgage neutral by 06/30 (AVC £20.6K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 26.3/£127.5K target 20.63% updated 16/5
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.4K updated 16/5
  • CCW007
    CCW007 Posts: 1,068 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 21 December 2023 at 8:33PM
    The ceiling is down in the living room and plasterer has confirmed he is still good for mid January.  Sink unit is too big to get out the room so will be unplumbed (is that a word?) and put on skates to make it moveable.

     
    At the far end is the boxed in section out cat got stuck in which we had to cut open to rescue him which kick-started this process 😁
  • South_coast
    South_coast Posts: 5,790 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 21 December 2023 at 10:17PM
    Cats look to be exploring again - you'd better watch out 🤣!
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • CCW007
    CCW007 Posts: 1,068 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    They are so into anything new, one of the cats almost managed to get up into the bathroom through a gap upstairs   :D

    Great day on PA - £5 survey which was supposed to take 30 minutes but took about 15 and a random £10 bonus from a survey I completed a while ago. Have cashed out three times on PA this week :smile:

    Up to £207.88 / £520 OP in two months so maybe I need to revisit £520 as an annual target!

    Slow cooker Olio sausage casserole tonight - only paid for stock cubes and seasoning!  Was hoping to find frozen mash to go with it for ease but couldn't find any so will have to make some later. 

    Trip to the tip and all the plasterboard has gone which feels good - I do find going to the tip to be very cathartic!  
  • KajiKita
    KajiKita Posts: 7,290 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    As well as offended cats (how dare you disturb my living space hooman!) I see paint swatches … Have you decided which one you like? 

    KK
    As at 15.05.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £235,841
    - OPs to mortgage = £11,338 Interest saved £5225 to date
    Fixed rate 3.85% ends January 2030

    Read 32 books of target 52 in 2025, as @ 28th June
    Produce tracker: £183 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. 
  • CCW007
    CCW007 Posts: 1,068 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Am embarrassed to admit the swatches are from about five years ago when we first considered doing the kitchen and I don't know the names!

    I liked the primrose yellow and olive green, needs to be something light as there is an east facing bay window and a west facing window at the far end so from early afternoon the room doesn't get a lot of light.
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