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Watty's Awakening

16768707273484

Comments

  • KajiKita
    KajiKita Posts: 10,221 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    Recognising and applauding your insight and resolution. 

    Have a good week 😊

    KK
    As at 21.05.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £215,607
    - OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 40 books of target 52 in 2026 as @ 14th June. 
    Produce tracker: £139 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • KajiKita
    KajiKita Posts: 10,221 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    You are a phenomenon! 😊👏 Proper proud of you and agree with the comment made about showing VNM how to manage boundaries. 

    KK
    As at 21.05.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £215,607
    - OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 40 books of target 52 in 2026 as @ 14th June. 
    Produce tracker: £139 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • savingholmes
    savingholmes Posts: 29,208 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sorry about VNM's mum. Glad  you are holding boundaries. Wise to keep your mouth shut when you can. I know how hard that can be!!

    Good you are cracking on with what you can control and continue to decorate your home. Glad the jump session with the horse went okay and you have ideas of how to progress that further.
    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 £42.5K + Lump Sums DB £4.6K + (25% of SIPP 1.7K) = 48.8K of £127.5K target 38.3% 24/5/26 (If took bigger lump sum = 71.K or 55.9%)
    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 £5.7K updated 29/5/26
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