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10 years to clear £334K - our FIRE journey
Comments
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Hugs. Take your time with big decisions.
Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £2.5K Net savings after CCs 14/4/26 (but owed £1.1K) so £3.6K
3) Mortgage neutral by 06/30 (AVC £39.3K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 45.2K of £127.5K target 35.4% 8/5/26 (If took bigger lump sum = 67.1K or 52.6%)
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 £5.4K updated 8/5/261 -
£18 into FIF.
Serious chat with boss about how unhappy and overwhelmed I am and think we have a way to unblock a number of sticking points to make progress on getting more resource which will in turn start unblocking other things. Feeling a bit more positive but have also been here before so not taking anything for granted.
OH away for the weekend, meeting friend for lunch tomorrow but no other plans - bliss! Hoping to get some sorting and clearing at home but if all I am capable of is sitting in the garden with a book that's fine too.
Fantastic night out at the gig on Tuesday; before the show, the singer walked passed me on the stairs to the toilets and said hi and I went all fan girl and couldn't move, mainly because I was standing on my own laces 🤣4 -
I really hope the work thing gets unstuck this time … 🤞
Enjoy your quiet weekend - I love it when Mr KK goes away! 😉
The fan girl thing made me chuckle 🤭
KKAs at 17.04.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
- OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 31 books of target 52 in 2026 as @ 7th May.
Produce tracker: £108 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.2 -
Nice email from Nwide today saying OH and I will get £100 next month.3
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Us too 😊CCW007 said:Nice email from Nwide today saying OH and I will get £100 next month.
Is the work overwhelm improving at all?
KKAs at 17.04.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
- OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 31 books of target 52 in 2026 as @ 7th May.
Produce tracker: £108 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.2 -
Glad you got it too!
It's swings and roundabouts at work, quieter from a meeting perspective this week as so many people are on leave but I'm covering for both my teams managers and a number of their teams.
Much of the work itself has been pretty admin based which has been a relief after recent stresses! But still got quite a bit to do before next week so tomorrow will be busy.
On a huge plus side my manager is much more present with me and we are meeting fortnightly which does help.4 -
Need to do a post on current mortgage.
But in other news, I've been offered and accepted a new job! Back at my last employer, in a different role but working closely with my old boss who is the best manager I've had so I know I will have a good support network.
Had the interview with a panel of 3 (including old boss), they phoned within 1.5 hours to offer me the role. Negotiated compressed hours same as current role so very happy with that. Feels like a weight has been lifted.
Less money, closer to home (1 hour round trip instead of 2), 3 days in office instead of 2 so net gain in time.5 -
That’s brilliant news, congrats !Sealed pot challenge 822
Jan - £176.66 :j3 -
Well done, sounds like a good move 👍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!!!2 -
I am so pleased for you 😊👏
KKAs at 17.04.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
- OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 31 books of target 52 in 2026 as @ 7th May.
Produce tracker: £108 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.4
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