matrixworld
Registered User
- Messages
- 18
Age: 36
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 128k
Monthly take-home pay:
From employment: 6100e (200e to ESSP, 250e AVC)
Type of employment: e.g. Civil Servant, self-employed: Private
In general are you:
saving: 2.5k
1,330e towards extra mortgage payment
1,250e investments
Rough estimate of value of home: 380k
Amount outstanding on your mortgage: 121k
What interest rate are you paying: 2.1%
Other borrowings – car loans/personal loans etc: No
Do you pay off your full credit card balance each month? No credit cards
Savings and investments: 172k
Company stock: 30k (100k yet to vest)
cash: 12k
Crypto: 90k
Stocks: 30k (mix of SP500, commodities etc) but in 2 separate accounts?
Do you have a pension scheme: Yes, Zurich, 95k so far
Do you own any investment or other property?
No
Ages of children: 2 and 8
Life insurance: Mortgage protection
What specific question do you have or what issues are of concern to you?
I've reached the ripe old age of 36 and decided i need to check-in and see where i'm at. Keep me honest guys.
My questions are below:
1. I have 2 separate stock accounts (degiro) for both kids, i plan on adding each month until they are 21, am i better combining these into 1 account or keep as is?
2. I'm paranoid about my pension, should i have more in the pot at this age? Admittedly i max out my contribution but could throw more AVCs at it.
3. My mortgage term will end soon but we need to renovate the house in a few years. Should i throw much at the mortgage to pay it down at term end or keep cash for renovation? In theory i could save some of the cash for the renovation after paying a lump off the mortgage but it might be a grind, renovation will cost around 100k.
Any overall tips are greatly appreciated. I realize I'm exposed a lot with the crypto but only 11k was initially invested.
TIA
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 128k
Monthly take-home pay:
From employment: 6100e (200e to ESSP, 250e AVC)
Type of employment: e.g. Civil Servant, self-employed: Private
In general are you:
saving: 2.5k
1,330e towards extra mortgage payment
1,250e investments
Rough estimate of value of home: 380k
Amount outstanding on your mortgage: 121k
What interest rate are you paying: 2.1%
Other borrowings – car loans/personal loans etc: No
Do you pay off your full credit card balance each month? No credit cards
Savings and investments: 172k
Company stock: 30k (100k yet to vest)
cash: 12k
Crypto: 90k
Stocks: 30k (mix of SP500, commodities etc) but in 2 separate accounts?
Do you have a pension scheme: Yes, Zurich, 95k so far
Do you own any investment or other property?
No
Ages of children: 2 and 8
Life insurance: Mortgage protection
What specific question do you have or what issues are of concern to you?
I've reached the ripe old age of 36 and decided i need to check-in and see where i'm at. Keep me honest guys.
My questions are below:
1. I have 2 separate stock accounts (degiro) for both kids, i plan on adding each month until they are 21, am i better combining these into 1 account or keep as is?
2. I'm paranoid about my pension, should i have more in the pot at this age? Admittedly i max out my contribution but could throw more AVCs at it.
3. My mortgage term will end soon but we need to renovate the house in a few years. Should i throw much at the mortgage to pay it down at term end or keep cash for renovation? In theory i could save some of the cash for the renovation after paying a lump off the mortgage but it might be a grind, renovation will cost around 100k.
Any overall tips are greatly appreciated. I realize I'm exposed a lot with the crypto but only 11k was initially invested.
TIA