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10 years to clear £334K - our FIRE journey
Comments
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In not so good news, my ex-colleague who was joining my management team in two weeks time has had to withdraw. Gutted for her as she was really looking forward to it, gutted for me as I was relying on her experience and now feeling rather overwhelmed again re work. Time to reflect and work on a plan.4
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Mortgage - £293,820
Reduction of £1,243
Still aiming to be in the £280s in April, will be May without any OPs and at current rate of OPing but if I get the switch transfer or if I reach payout at YG I should manage it.5 -
Sorry about your friend.
Hope you find some balance and peaceAchieve 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 13/9/252 -
Thanks SC, sorry to see you are awake so early / late2
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2025 is not starting well so trying to focus on positives:
* OH passed his exam, he will reclaim costs
* £248 cash back applied to credit card before latest statement is generated
* Tomato amnesty has led to me making delicious tomato soup, portion in fridge for lunch tomorrow
* Butter made from Olio cream
* Upright freezer defrosted and can now see (and remove!) what is in there4 -
You're allowed to be sad and real on here. At the same time - I get that focusing on the positives helps us maintain our mental health too - as long as you have somewhere you can vent even if it is in an offline journal.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 13/9/252 -
Thank you, that really helps. I feel like I have to be positive at work and with family. So it's good to be able to share here. But I do also want to try and focus on the positive.
Found out on Friday a colleague had passed away unexpectedly. No-one outside the management team knows yet, it's going to be a horrible day in the office tomorrow. Then my in laws had to have their dog PTS yesterday also very unexpectedly, he was only 7 years old.4 -
First OP of 2025 - £19 from Vinted sale.3
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Well done on the OP.
Hoping today wasn’t too rough?KKAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,270 Interest saved £5,816 to date
Fixed rate 3.85% ends October 2030
Read 51 books of target 52 in 2025, as @ 17th September
Produce tracker: £389 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.3 -
Sorry you've had a run of bad news. I hope today was okay.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 13/9/252
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