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Prosperous soul, mortgage neutrality & creativity Year 2

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Comments

  • savingholmes
    savingholmes Posts: 29,130 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I meant I can use gas but the meter is blank 
    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 14/11/25
  • SandyShores
    SandyShores Posts: 2,022 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    That's a pain savingholmes, hope its sorted out soon.  I know when our gas meter was updated it took a while to show on the online account, but the IHD was working from day 1.  It will be worth it when its all sorted - I'm really pleased I don't have to go out to the meter box anymore and take readings.
    "Think of many things, do one"
    Mortgage 30Jan'26 est. £204,330 £309,749 2020 (ends 2038 - aiming for 2031)
    Seven Goals; target lose 4lbs by Feb'26; walk/run/exercising/weights/yoga 

  • doingitanyway
    doingitanyway Posts: 10,587 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Mortgage-free Glee!
    Almost Feb but happy new year. I know.
    Ballet and new hair. Sounds good to me
    Will catch up with older posts soon.
    If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them

    Emergency fund 350/1000
    Buffer fund 100/100
    Debt Free (again) 25/07/2025
  • I always find it's less the escapist reading, and more recalibrating myself to reality that's the exhausting thing. Which makes it even harder to avoid slipping into!
    Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
    Current mortgage amount: £226,957.97
    Start student loan 2012: £29,750; current student loan: CLEARED July 2025
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