Hello Mustachians, long time reader/lurker from Glasgow, Scotland here :)
I'm 37 years old, and have £68k left on my mortgage. Tracker at 0.48% above BoE rate, so currently 1.23%.
A couple of years ago I discovered MMM and started paying into a neglected pension pot (blame my freelance rollercoaster lifestyle) which now sits at just over £50k in LifeStrategy 80%. My salary is also currently £50k pro rata but I'm only working 3 days/week, increasing to full time for a few months of the year. Quite like this setup.
Currently I have around £10k in cash, half of which is earmarked for a new kitchen (not an indulgence, I removed a partition wall myself and currently have exposed bricks and cables in places!)
My heart tells me to get the mortgage paid off, as it's almost equal to a year's salary. My head tells me to put extra cash into my pension, given my mortgage rate is low (though it's likely to keep increasing). I don't currently have any other debts, or a car, or kids.
Thoughts/advice?
Cheers.