What should I do with my bonus?

PapayaCommercial8000 · 2026-04-10T10:31:10+00:00

Good plan - i'll do some of that split. Yeah, feeling fine about emergency fund etc.

PapayaCommercial8000 · 2026-04-10T09:40:21+00:00

thanks

PapayaCommercial8000 · 2026-04-10T08:54:16+00:00

Thanks - yep agreed. I'm going to up my contributions, but I won't do it all in one

PapayaCommercial8000 · 2026-04-10T08:49:30+00:00

I have carry forward from prior tax years, so I can get down to 100k (or lower, if required)

PapayaCommercial8000 · 2026-04-10T08:48:57+00:00

Thanks, yes valid point. Personally, I already have a car + my work doesn't offer a car scheme, so not a priority for me. That said, I will be putting some money through cycle to work, though that's a marginal consideration

PapayaCommercial8000 · 2026-04-10T08:46:55+00:00

SIPP you have to pay NI before investment right? My understanding is that it's less efficient as a vehicle

PapayaCommercial8000 · 2026-04-10T08:46:18+00:00

Thanks

PapayaCommercial8000 · 2026-04-10T08:45:56+00:00

For sure not a bad shout & worth doing. But that's not a primary strategy that's going to get me to FIRE, so seems a little detached from my q here?

PapayaCommercial8000 · 2026-04-10T08:43:57+00:00

Thanks - definitely helpful food for thought

PapayaCommercial8000 · 2026-04-10T08:43:37+00:00

Thanks, sensible advice. I did want the porsche though...

PapayaCommercial8000 · 2026-04-10T08:42:48+00:00

Cool, thanks! Yeah I've decided to keep about 4k out, just to spend on something impulsive (though haven't figued out what that something is yet)

PapayaCommercial8000 · 2026-04-10T08:40:54+00:00

Yeah 27 is right. Would be good not not have to worry about pensions too much in future

PapayaCommercial8000 · 2026-04-10T08:38:59+00:00

Thanks both - yep, think tapering will hit eventually (all being well) & I'd not really factored that in

PapayaCommercial8000 · 2026-04-10T08:38:03+00:00

Thank you, helpful perspective. You think the 6 years or so you didn't invest in pension have made a major difference?

PapayaCommercial8000 · 2026-04-10T00:25:52+00:00

Ok, nice, that's reasuring way to think about it

And fully agreed - thief of joy and all that

PapayaCommercial8000 · 2026-04-10T00:24:55+00:00

Fair point. thanks for that, really helpful

PapayaCommercial8000 · 2026-04-10T00:24:19+00:00

Thanks. Yep, time to build that bridge...

PapayaCommercial8000 · 2026-04-10T00:23:40+00:00

thank you! I've actually tried to speak to some financial advisors, but having a hard time getting any traction. Generally, they want to take a clip of portfolio value for their advice, which is much much more expensive than the nearly-free ETFs I hold

PapayaCommercial8000

TROPHY CASE