A quick reminder: I use ONS metrics for net worth related goals. I’ve kept the ONS definitions intact, except for property, which I don’t revalue.
Maintain a savings rate above 60%. Monthly savings rates don’t matter so long as the year to date average is at or above target.
Overpay mortgage by £20k.
Use up all available pension allowance, and leave the asset class allocation alone. I mean it. Zero fiddling.
- Use up all ISA allowance.
- Keep the Emergency Fund at £31k.
Pay no more than £25k income tax in 2017/2018 tax year.