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Watty's Awakening

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Comments

  • savingholmes
    savingholmes Posts: 29,130 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I like how you've approached your decision and the idea of drawing your network. I think you are wise to value your existing network.

    I now recognise the people in the chemist, post office, at my art group and my closest neighbours. I moved a year ago but still haven't made 'friends' locally although I have contacts. Thankfully I have work social and friendships there - and am close enough to where I lived before to see a couple of friends from 'before' I moved. It is difficult when you work full time and are introverted to break into new social groups. I'm hoping my art group will help over time - and meanwhile my counsellor helps fill some of that social gap. I may go to SW again soon locally - as I travel to the art group but SW would be local so if I met people there - that might work... 
    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
  • Alchemilla
    Alchemilla Posts: 6,276 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    @Suffolk_lass thanks. DoS's mum is called DevilDog by her family so it followed🙂

    @Watty1 this may not be helpful but we have poles on our field and they paid £1600 lump sum for them, to be renewed when/if the house changes hands.
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