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Prosperous & Creative Soul & MFW Year 3

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Comments

  • jwil
    jwil Posts: 22,845 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Great result on the pension growth!

    Good luck with the admin stuff, it's all tedious isn't it.


    "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
  • Blackcats
    Blackcats Posts: 4,167 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Great progress on the admin associated with updating addresses.
    I prefer my cat to stay at home when we are away and we found a cat sitter on a site called Pawshake.  We met them in advance and then they came in daily to feed the cat and did extra bits like put the bins out and water plants.  They communicated well with photos and updates of the cat each day which was nice.  Might be worth seeing if there is anyone registered near you.
  • Oh dear, fingers crossed that the guy comes back with a favourable quote - definitely get a second opinion on it though.
    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
  • jwil
    jwil Posts: 22,845 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope the quote isn't too bad, and definitely get a couple more quotes to be sure.
    "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
  • savingholmes
    savingholmes Posts: 29,130 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    This week's priorities - Do my job - and
    1) Ring P1p and change address  Took 6 calls over a few days and over 90 minutes of being on the calls before I made it to the end without them cutting me off!
    2) Update address on V5 and tax doc
    3) Ring GP for blood test results and request a copy of my medical records
    4) Shred - done about half
    5) Update address for work and pension
    6) Continue unpacking and giving things homes
    7) Make art... 
    8) Update dental insurance
    9) Update Cash Health Plan
    10) Get quotes - Got 1 for the drive, and 1 for the roof should be prepared tomorrow, I have a home visit by another provider Thursday late afternoon
    11) Return rug
    12) Return am**** item

    .
    Making progress
    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
  • beanielou
    beanielou Posts: 97,530 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Good progress  :)
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
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