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 50%. Monthly savings rates don’t matter so long as the year to date average is at or above target.
Reduce the mortgage by £45,000 or more.
Use up all available pension allowance.
- Use up all available ISA allowance.
- Keep the Emergency Fund topped up at £30,700.
Pay no more than £47,000 income tax in 2018/2019 tax year.