Retirement planning post mortgage free

V3cash

I’ve just listened to a really interesting Mel robbins podcast with DR Sims (I think that’s it ) it covers her very interesting research on women’s exercise, health , worth a listen if you are peri menopausal or menopausal or just interested in that sort of thing (it’s long, had to do it over a couple sessions.

I’m nearly at target BMI 25.5 now !! so I’m really happy and on the good news front, I’ve got my contract after 4 mths waiting and start working Monday, I’m happy with pay banding I’ve got and it sounds like a supportive environment so tomorrow I’m no longer unemployed but back full time working. It’s 4 longer days so it’s lovely having a day off in week and no weekend work or BH.I’m hoping I love it and can develop there until retirement, 11 years 😬

I’ve had so much disruption in life and work, just flitting from 1 thing to next, I need to stop and try and specialise in something which has good worklife balance and not as much emotional stress as previous jobs had. 🤞🤞this is better, as everything has stress I know.

I can OP Mortgage in 2 days too as new 10% kicks in so can’t wait and can then start saving.

Our savings has taken a bit of a hit as we have just decorated kitchen and landing and bought new light, I also needed new lunch bag for work, feel like first day at school buying that 😜

I was sent payroll forms to complete by 8th, they sent me them on 7th at 5.15pm 😞

Anyway, because it required printing for signature, I managed to get daughters printer to work after much faffing and chat gpt advice 🙄

completed it sending it back that evening so they don’t really have any excuse not to pay me but we shall see , I wasn’t expecting to make it before cut off so if I get paid bonus, if not I’ll get it next mth.

I did pay off my student loan 1 as it just has £120 left in it so it does mean just type 2 loan left now, that’s never gonna get paid off in my lifetime so I don’t worry about that too much. It makes an impact but I’m used to it.

Anyway today is my long run day so 45 minutes today with hubby, I’ve booked a local run 10k in September so I’m training for that, just have to run on one of my work days as I plan to run on day off and one weekday so that should be do able.

Had a bit of a nightmare the other day as parking is a long wait list at hospital so I found a car park near a park a couple miles a way thinking I’d put fold up bike in boot and cycle in on dry days, chain kept coming off and bike is a bit old and knackered, anyway decided to put that poor bike out of its misery and I’ll buy another one but in the bike to work scheme and I’ll go for 20 inch wheels instead of my clown bike tiny wheels 😀😀 so the plan at moment is park and ride until I sort bike, I might bus in from car park as bus literally 100 metres from there to hospital and I could walk back after work if not too tired and if it’s dry, just got to work out cost, when I’m 60 in 4 years it will be easy as I’d have free bus, that’s if they don’t get rid of that like everything else.

Anyway I’ll check back in once mortgage op made, excited !

beanielou

Hope all goes smoothly.

carboot_karaoke

Finally a start date. That's fantastic news 😁 .

Hope all goes well with the return to work, love that you have a new lunch bag 🎒 to take with you.

V3cash

hi all, thanks for the kind words

so day 2 of new job and the team appear just lovely and it’s going well.

I work 4 x 10hr shifts so tomorrow I have my day off in week, I will get one week per month of just 3 shifts so that will be nice.

I’m hoping to drop hours once part of nhs pension kicks in but that’s 4 yrs off so hoping the hours are ok, I think it’s fine in summer, it’s probably the winter that will be the killer.

Overpaid £5k at 3am, my mind is full of everything so I thought just pay the mortgage op as it’s finally a new op year for me and then maybe I’ll get some sleep, might need my sleeping tablets again for a bit or my sleep yoga.
anyway time to update signiture, it’s exciting being in the mid ish 40’s

Left about £190 in reserve for op each month as you know how I am about leaving odd numbers, it’s icky as someone put it on here 🤣

V3cash

cute new lunch bag

carboot_karaoke

https://forums.moneysavingexpert.com/discussion/comment/81996485#Comment_81996485

Chuffed that work is going well after the horrid time you had.

£5K OP is great for morale

Love the lunch bag 🐝 😊

V3cash

So after weighing up everything, small redemption fee versus psychological benefit of being mortgage free

We bit the bullet and made a payment of balance plus redemption fee.

Balance now stands at £0, we finally own this house outright.

It’s weird being mortgage free for 2nd time and I don’t think it’s sunk in yet.

We are off on holiday in 2 weeks and will have a proper celebration then.

We are going with friends but it’s a surprise, can’t believe we have managed to keep it a surprise, I’m really excited, more about the surprise really 😊😊😊

Anyway.. now what??

skint_spice

Well done!

beanielou

Well done!

Jessy103

Congrats 🎉