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10 years to clear £334K - our FIRE journey
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Been full of cold so this week has not been productive and had a couple of takeaways as a result of not being organised or feeling like cooking. Starting to come out the other side so hopefully tomorrow will be a better day.
My leaving present from last job included a voucher for the local art centre where I worked - a really thoughtful gift as I love live music and had been to a few gigs there. Our fave blues guitarist and singer (who I fan girled over last time we saw him) announced his acoustic tour early next year including a date at the art centre so we booked tickets and managed to get fantastic seats. I must message my colleague who organised the present to thank her again as I am genuinely chuffed.
Work going well, it's really good to be back there. Organisation has its challenges but I feel so much more connected than in my previous job. Plus I am far more insulated from the Politics (so far).
CEO (who I worked with on a project when I was there previously, before she was CEO) gave me a big hug when I saw her after my return and told me she was really pleased I was back which meant a lot to me.
In money news, been discussing with OH the possibility of moving some savings from cash ISA to S&S ISA as a trial to see if we get better returns.
Obviously it's a risk and he tends to be quite risk averse (his parents have always had all their financial products with one provider, regardless of whether there are better products in the market and he was very much the same when we met). However he does now have a S&S ISA and a SIPP now and even suggested we try another provider to spread the risk (I'm with one and he is with another so he suggested a different provider) so seems to be on board.6 -
Sounds like things are going really well and you have lots of options. Well done for the continued OPs too.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
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 £5.1K updated 14/11/251 -
Ooh, what a lovely thoughtful present. Sounds like you will be missed there as well 🩷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!!!1
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