Or another question I pose to myself this morning as I sit here with my coffee: If I had to live on what I have accumulated now, could I do so with some semblance of quality of life? Moments If you’re new to saving (or investing), then this may feel like a ludicrous question. But… Continue reading Do you need as much as you think to be financially independent?
A case of illusion or timing? This month saw my welcome return to the warmer climes of the £100k+ club! This was partly due to an over £2k improvement in my index funds (now at -7.03%) and partly due to my savings rate: 77% is out of all my non-tax income, or 81% of take-home… Continue reading Financial Independence update: April 2020
"Unprecedented events create new experiences. What fun, misadventure, or positive discoveries have you encountered while locked down?"-Savings Ninja thought experiment -The Covid-19 Edition If you're not familiar with Savings Ninja's thought experiments, these hypothetical propositions appear every second month on his blog, and this is my first go at joining in with the fun. This… Continue reading Discoveries in lockdown: Lessons to take away…
Just 6 days have past, and my Vanguard funds (equities+bonds) have rebound from -17% to -9%. A slight silent relief (i.e. my equities are up £1.3k since 6 days ago), yet also a reminder for those waiting for a buying opportunity that the market waits for no one! And of course, we are in turbulent… Continue reading Riding the tide: Which Vanguard funds I’m adding to
Happy new year to all my readers and passers by. I hope those of you on your financial independence (FI) journey have celebrated your achievements this year. Although I've been a bit quieter than I wanted to be of late, I've noticed some people dropping by over the Christmas period, which has been appreciated! Anyway,… Continue reading Financial Update: December & year end
With another month and Halloween gone, has yours been more trick or treat? Life's got slightly less busy for me than when I last posted, but not with enough headspace yet to return to blog-mode. While I have a slight discomfort with having two adjacent monthly financial updates and no content in between, I'm just… Continue reading Financial update: October 2019
How do I feel about this gradually changing me? It's easy to forget that no life transition is easy. Teenhood, adulthood... Teething problems to say the least! But unlike those other times, 'midlife' conjures up much less little excitement for a life unwritten, especially from an agecentric young person's perspective. I must accept this reality,… Continue reading Midlife schmidlife: An honest meditation
I’ve had a few days to let my numbers sink in now. That's since this happened. I knew I had some savings. I knew I had a relatively generous pension. I was knee-deep in researching SIPPs to divert my savings tax-efficiently* into passive tracker funds that are inaccessible until 57 years (for me anyway). Tax… Continue reading Can YOU predict your future financial needs?