Hi guys, looking for some advice. Feel like I’ve done a lot of hard work since I was 18 but recently feel like I missed out on some growth in the early years not knowing about investing and ISAs, also lost my way a little. Here’s a vague breakdown of my situation, hoping to reach FIRE in my early 40s.
S&S ISA - 32k
Cash ISA - 31k
Savings account - 30k
General investment account - 13k
Help to buy - 13k
Forecast next 12 months - 40k
Obviously I’ve worked really hard and I’ve been very lucky. I try to keep my salary around 50k take home and I can live off 25k. So roughly saving the other 25 a year. My ISA is maxed for this year.
I don’t have any form of pension and I’m not sure I like the idea of not being able to reach money if I need it, even though I know it’s tax efficient.
I have a few areas I think I could improve but I could use some tips to help me get there.
Looking to FIRE in 15 years time and live on roughly 30k.
P.s. I’m enjoying my life atm I just don’t need to spend all my wage so I’d like to use it to improve the future.