2019 Goals

Spread out, as on the winged winds, they flew, And seized the distant goal with greedy view.

I use ONS metrics for net worth related goals. I’ve kept the ONS definitions intact, except for property, which I don’t revalue.

Savings rate

Maintain a savings rate above 50%. Monthly savings rates don’t matter so long as the year to date average is at or above target.

Property wealth

Reduce the mortgage by £45,000 or more.

Pension wealth

Use up all available pension allowance.

Financial wealth

1. Use up all available ISA allowance.
2. Keep the Emergency Fund topped up at £30,700.

Tax

Pay no more than £47,000 income tax in 2018/2019 tax year.