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Debt free and staying that way while I re-evaluate life and keep blood sugar levels down

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Comments

  • savingholmes
    savingholmes Posts: 29,200 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Retirement plans sound exciting. Lots to investigate 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
    2) £2.1K Net savings after CCs 14/5/26 (but owed £1.3K) so £3.4K
    3) Mortgage neutral by 06/30 (AVC £42.2K + Lump Sums DB £4.6K + (25% of SIPP 1.4K) = 48.2K of £127.5K target 37.8% 24/5/26 (If took bigger lump sum = 70.1K or 55%)
    4) FI Age 60 income target min £17.1/30K 57% (may need more) If bigger lump sum £15.8/30K 52.67%
    5) SIPP £5.6K updated 16/5/26
  • savingholmes
    savingholmes Posts: 29,200 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi Humdinger that all sounds serious. Glad it isn't as bad as first thought but still sounds scary for all of you. Sending hugs. Hope we all get some decent sleep soon too
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
    2) £2.1K Net savings after CCs 14/5/26 (but owed £1.3K) so £3.4K
    3) Mortgage neutral by 06/30 (AVC £42.2K + Lump Sums DB £4.6K + (25% of SIPP 1.4K) = 48.2K of £127.5K target 37.8% 24/5/26 (If took bigger lump sum = 70.1K or 55%)
    4) FI Age 60 income target min £17.1/30K 57% (may need more) If bigger lump sum £15.8/30K 52.67%
    5) SIPP £5.6K updated 16/5/26
  • Humdinger1
    Humdinger1 Posts: 2,906 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Thanks @savingholmes.  Yes, getting good levels of sleep will ve a process not an event I think.  One step at a time love Humdinger xx 
  • Spendless
    Spendless Posts: 25,239 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi Humdinger

    Saw you left a message on my diary re your daughter. I've answered  best I can on there , so hope some of it may be of some use.
  • jwil
    jwil Posts: 23,523 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Happy New Year!  Anxious times about your daughter, hope everything health and uni wise resolves ok.
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • I hope all works out well for DD and you all.  Sending hugs 🤗

    Fortune x

  • foxgloves
    foxgloves Posts: 13,345 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    That sounds a very stressful situation, @Humdinger. Obviously a relief that nothing sinister was found, but lots still to sort out, esp with deferring a uni year. Hope it all works out for the best for you both 
    F x
    2026's challenges: 1) To rebuild our Emergency Fund to at least £5k.
    2) To read 50 books (12/50) 3) The Re-Shrinking of Foxgloves 8.1kg/30kg
    Remember....if you have to put it on a credit card, extend your overdraft or take out a loan to buy whatever it is, you probably can't afford it, as that's not your money, it's somebody else's!
  • Humdinger1
    Humdinger1 Posts: 2,906 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Gosh thanks everyone.  Just seeing your messages gives me a huge boost. Am counting my blessings which definitely include you all, as well as DD, DH and adored dog.  The latter came and sat with me in the middle of the night which was lovely.   Humdinger xx
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