Am I on track?
I am currently looking to build towards lean fire at around age 55. I am 38 and have the following built up,
£28k in VWRP (Stocks ISA) I add £250 per month.
£24,300 spread across high interest saving accounts
£58,500 in my workplace pension
I have around £10k next year from some options at work to put into VWRP. I then plan to sell my options in VWRP each year for around £4500 - £6500.
I earn a fairly average salary at around £42k and my income easily covers my expenses with mortgage payments. I have around 14 years left on the mortgage.
Is there anything I’ve missed that could help me grow a stronger foundation? Does this on paper look workable.
I mean this probably different from the norm as I’m just average person, not a high earner or a high net worth person.