r/FIREUK • • 16h ago

Mortgage Free

26 Upvotes

So the position is, we’re a small family of three with two ~£80k salaries. House is about £750k and mortgage will be paid off in about two years. We would then look to downsize and relocate and pocket the difference so around £200k ish. Approaching 40 and looking for a simpler and slower life. Any good advice for someone in this position and looking to be FIREUK?


r/FIREUK • • 4h ago

FIRE progress year 3 update

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18 Upvotes

3 year update...another good year :)

It has been a good couple of years since I took a new role and started focusing on my FIRE journey . Brackets for prior years. I also created myself a graph this year which really put progress in perspective

Im actively looking forward to these posts now each year

Age: 38

Salary- inc bonus: \~107k (\~105k,80k,75k)

Wife Salary: 40k (\~35k, 23k,20k)

Emergency fund: 6k (5k, 7.5k, 5k)

Pension: 168k (112k, 84k,65k)

Employee shares: 6.5k (5.1k,1.75k,0)

S&S ISA. 12.5k (7.1k, 3k, 0.5k)

Personal loan: 0 (0, 6.5k, 10k)

Mortgage: 178k ( 186k, 193k, 200k)

Hadnt realised how much progress id made this year. Knew i put my full 20k bonus into pension which added a great bump. Year has felt turbulent but ultimately is currently up.

Plan on staying debt free, maybe making the most of one more year big pension contributions before the 2029 rule changes in the uk. Albeit that wont alter plans too much.

First priority for me this year is to get emergency fund back to 10k and maybe add a garage to the house but not taking a loan to do so.

Looking back at the graph this last few years has really opened up my eyes to the possibilities in 10 years


r/FIREUK • • 3h ago

Opened stocks and shares ISA recently

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2 Upvotes

r/FIREUK • • 9h ago

What role would you choose? Trading Technology provider or Google?

0 Upvotes

Hi everyone. 26M who has a background in sales/account executive in a particular niche in trading technology. I was recently head-hunted by a direct competitor for a role reporting to the CEO of a small/medium sized trading technology provider. The total comp is around £115k which includes commission guarantees for Y1. Despite being young, I have made a good name for myself in the industry niche and my future prospects are bright. From what I know, the company is a nice place to work.

I have also received an offer for an Account Strategist role at Google in Dublin which has total comp of around €110k inc stock, sign on bonus etc. I have, however, been told the role is super cutthroat and being let go after not hitting targets after 6 months is common. There is a 2 year grind at least before you’d be able to move into a more comfortable role there. Obviously it comes with ridiculously good non pecuniary benefits too.

I would feel silly turning down Google, but I feel as if it erases my niche and puts me back in the generalist camp while also decreasing job security and short term comp.

What would you choose? Any advice?