Goals

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List of our goals we are currently working towards. These will change and be update as we progress along the journey to FI

  • Hit 50% savings rate
  • Under $299,000 Home loan 2018
  • Essential house repairs that had been put off. 2018
  • Home repairs to only come from Home repair fund. ($208/fortnight transferred to a offset account for use on future home repairs) – new goal
  • Earn 100,000 frequent flyer points. – new goal
  • Under $260,000 Home loan by end of 2019 – new goal
  • 1/2 house paid off $235,000
  • 3/4 house paid off $117,500
  • House own outright
  • America family holiday ( reward for paying off homeloan so early)
  • House renovation (larger costs which had been put off while paying off homeloan)
  • First investment into low cost index funds
  • $50,000 invested
  • First $100,000 invested
  • FU Money 2 Years expenses 10% FI
  • 1/4 FI $250,000
  • Mr FTM career change to something with more enjoyment/passion or at least part time work to improve work/life balance. May involve starting own business
  • Half FI $500,000
  • Lean FI $700,000 all basic expenses
  • Flex FI $800,000
  • FI $1,000,000 25x
  • Fat FI $1,200,000 30x

 

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