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A Dream Worth Dreaming?

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Comments

  • Good to hear he has gone and you have some space to yourself now. It feels good to freshen things up in the house (I relate to this and also did the same after my marriage ended). Breathable target for next year sounds both motivating and forgiving too. All the best for the year ahead, I look forward to hearing how you get on :)
     Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | Mortgage  = £112,153/£132,469 (15% paid)

    Goal for 2025:
    1) MFW £4433/£3000



  • savingholmes
    savingholmes Posts: 29,051 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Merry Christmas 🤶 🎄 ❤️ 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.8K Net savings after CCs 13/9/25
    3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
    (If took bigger lump sum = 54.5K or 42.7%)
    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 13/9/25
  • seventh88
    seventh88 Posts: 134 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi @fjireland, how are things going?
     Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | Mortgage  = £112,153/£132,469 (15% paid)

    Goal for 2025:
    1) MFW £4433/£3000



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