Tag Archives: retirement

£1m Pension Pot – How to climb the mountain and when to stop saving.

In the UK news this week it has been reported that, for a comfortable retirement,  people need to save a ‘pension mountain’  of £260,000. Cue the doom-mongers and naysayers. ‘Who could ever hope to save this amount of money?’ Using … Continue reading

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Little FU#1 – Step 3 Devise an Investment Strategy

Recap – This is step 3 in the process to set up a plan for my son, FU#1, to buy a property and reach FI before he is 40 years old. In step 2 of the plan, we set up an … Continue reading

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Little FU#1 – Step 2 The Budget

I’m putting in place a quite simple budget plan for FU#1 that doesn’t need a lot of tracking and doesn’t require every little transaction to be logged. I have broken the budget down to 3 main areas. These are Savings, Essential … Continue reading

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Does Home Education FIRE your Imagination?

From what I hear and read, people of the FIRE community are really keen to not just retire early or become financially independent, but to buy back time. The freedom created when you no longer need to work means you’ve … Continue reading

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School’s FIREd!

In my last post, I mentioned the other Great Leap we’d taken in our lives lately. It’s nothing wildly exciting, but it is a bit different to the norm and it could be hugely relevant to FI-focused parents.

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Little FU#1 – the plan, steps 1&2

In my previous post on Little FU#1, I outlined the steps I am putting in place for Little FU#1 to start his journey to FI. I intend to do a series of posts to expand upon those steps so that anyone setting … Continue reading

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Little FU#1 – the plan

Can a young person on an average net salary of £25k buy a property and become FI by the age of 40? “Impossible!” the mainstream media and the regular man on the street would scream. “Young people can’t even save … Continue reading

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The Not-So-Magic Roundabout (more musings from Mrs Fu)

The discovery of FI is, for me, the equivalent of writing out your life plan as a young adult, following it pretty steadily for thirty years and then scrunching the whole thing into a ball and throwing it into the … Continue reading

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Little FU #1 – Start of a Journey

You hear every day in the news about the housing ‘crisis’, that young people are hard done by, and that they will never be able to afford their own homes, will never be able to retire or will need to keep … Continue reading

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Mrs Fu Mon Chu speaks…

Mr Fu Mon Chu just loves a new project. He is a laidback but enthusiastic kind of guy and I’ve been playing devil’s advocate to his ideas and plans during twenty years of marriage, and ten years of dating before … Continue reading

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