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Holding On and Letting Go 🎈

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  • savingholmes
    savingholmes Posts: 29,034 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you're enjoying the sewing machine.

    Hope your shoulder improves quickly.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 Β£202K now Β£172.5K Equity 36.11%
    2) Β£1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC Β£25.6K + Lump Sums DB Β£4.6K + (25% of SIPP 1.2K) = 31.4/Β£127.5K target 24.6% 1/9/25
    (If took bigger lump sum = 53.3K or 41.8%)
    4) FI Age 60 income target Β£17.1/30K 57% (if mortgage and debts repaid - need more otherwise)
    (If bigger lump sum Β£15.8/30K 52.67%)
    5) SIPP Β£4.8K updated 29/7/25
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