HENRY-ish, what else should I change?

Hey folks,

Looking to validate some thoughts and understand what else I should do as I expect my total annual gross will quickly move from £100k+ to £150k in the next couple of years.

I work in a mid-senior role in operations in a large banking group. I am 2 below the divisional CEO, so medium sized fish in a small bowl. I’m 31, 2 kids, married etc.

My company pay 9% of my “base” (going up to 10 in April) into the company pension and I haven’t put any more in. I’ve moved role a lot and gone from £30k to £95K (before bonus, benefits and pension contributions) in the last 5 years.

In the next 9-12 I will make “director” level which basically just gives me a Head of title but I’m already doing the job. I’ve already had the pay rise after negotiating.

My wife and I just bought a new house. Mortgage is £2.1k and we definitely want to pull the 30 years in with remortgage and overpayments after the 2 year deal expires.

Total take home in the household is about £6,900. We have my mum to help with the smallest kid and the bigger one goes to state school nursery in next couple of months.

We plan to rebuild our emergency fund to 6 months of essentials over the next 20 months (Mrs is back to work & we’ve paid off all debt except the mortgage and car which is basically 0%). We’d love to do it quicker than £1k per month but we have sinking funds for lifestyle stuff like holidays, gifts, kids ISAs that we would also like to contribute to - but this could be something we reduce to feed the ISA.

I think this will be the first year I risk losing part of my personal allowance if bonus is good.

Once the promotion lands, bonus potential is quite a bit higher.

I assume my next steps should be:

up pension contributions to deal with pay over £100k keep building emergency fund in ISAs once we have £24k emergency fund pivot to stocks & shares & reduce term of mortgage/make overpayments

I can share more granularity of budget - we’ve definitely had lifestyle creep but not too bad (other than housing expense).

Main goals for short term are get secure in case I get made redundant and long term is be able to be mortgage free in our 50s, maybe retire to do something academic and ensure we can afford our local private school for the kids.

I come from a well off family so we have £100k in our house and will likely get help with school fees and may get something from my gran/parents but ideally we’d sort something for the kids with that.

Am I basically on the right track or are we maybe spending a bit too much? Would rather have a shake now from Reddit strangers than regret not taking action now that we have a forever/20 year home and no non-house/car debt.