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Five Year Fix, Five Year Plan

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  • killerpeaty
    killerpeaty Posts: 2,658 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think having at least one day off fixed per week should be minimum. It gives you the ability to know how to schedule your time (whether or not you want to people). I know for a lot of jobs this isn't possible, at least at the moment it isn't. I'm sorry you're drained, hopefully you will feel better soon!
  • savingholmes
    savingholmes Posts: 29,017 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I agree with the others - I'd want a set day off - and absolutely wouldn't agree to giving up all seasonal holidays to suit those with young kids.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
    (If took bigger lump sum = 53.3K or 41.8%)
    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 29/7/25
  • Yep, definitely stay away from the water 🤣!
    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!!!
  • rtandon27
    rtandon27 Posts: 5,810 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Happy New Year 2024!

    Hope you had a chill & restful NYE!  We only just made it past midnight & are paying the price today 🤣🤣🤣  Copious amounts of coffee are being consumed!
    4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)
    (With heartfelt thanks to those who have gone before us & their indubitable generosity.)
    ...and now I have a mortgage! (23 AUG 2021)
    New projection - 14 YEARS 8 MONTHS LEFT OF 20 YEARS (reduced by 16 mths)
    Psst...I may have started a diary!
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