Freedom Fund: £920,254 Hypothetical monthly income @4% SWR: £3,068 Actual monthly expenses: £2,436 October was a busy month and it turns out that it was good that we took the opportunity to get out and about and catch up with friends and family, as we are now back in lockdown in the UK for at …
Summer is well and truly over, the heating is back on and it’s time to see how the numbers stack up. Freedom Fund: £924,193 Hypothetical monthly income @ 4% SWR: £3,081 Actual Monthly Expenses: £1,913
August was an expensive month for us, mainly for vehicle related reasons and due to it being TV licence renewal month (my almost irrational hatred of subscriptions or monthly payment commitments of any kind means we pay this in full annually). It was also the month we visited a restaurant with friends for the first …
Last weekend I sold my car, and survived the dance of suspicion that is the private car sales process. Since we got the van in January, we have not had a vehicle with more than 3 seats and neither was particularly dog friendly.
It’s spreadsheet time again. The first week of every month, I update a spreadsheet which tracks 2 things; the value of our freedom fund and our expenses for that month. This month, I am typing my update from one of my favourite places – in a hammock in my garden. The view is restful, and …
Anyone who has spent time researching and reading about FIRE (Financial Independence Retire Early) will have a pretty good idea of how to calculate how much is enough in investments to allow them to stop working for money if they choose.
Choosing to live a simpler life has meant the pandemic and subsequent lockdown in the UK has had less of an impact on us than many people.
At the end of Nov 2019, we hit our magic number. Theoretically, now we could live off the proceeds of our investments indefinitely. I just didn’t have a plan for what I wanted to do next.