Frankly, at this point I have no idea which plan I'm on!! Maybe Plan K?? Long term readers of this blog will know I've had to change my plans many times, mostly thanks to other people's actions or reactions to circumstances. That sounds rather cryptic but basically my ex husband and then my ex partner threw huge gigantic spanners into things that had been put in place.
I always knew at some point in the future I might need to sell this house or do equity release to get the money I have tied up in it. My 4 year challenge included me teaching until I was 60 and saving half my salary. I'd worked out that would be enough to keep me going until I got my state pension at 67. My son and DIL moved in with me on the understanding it would be until I decided to sell. We'd share expenses and we'd all be saving as much as we would over the next 3 to 4 years.
Sharing my house with them has been challenging (for many reasons) and I wasn't saving as much money as I wanted. The cost of living has gone up but that's only part of the reason. Things haven't been quite as I thought we'd planned and agreed at the start. And I'll leave it at that.
The current plan is to sell my house next year and buy 2 much smaller properties outright. One for me to live in and one for them to rent from me. Their rent will supplement my teacher pension and any part time job I might have by then.
Looking at property prices here it's totally doable. I'm hoping I can buy a wee bungalow/cottage with a garden locally but they're rare and often go for a lot more than the asking price. So I'll just have to trust that things will work out the way they're meant to in the end 😊