Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is beecho01's #29 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 1,025 and my FI portfolio increased to GBP 11,419


Net worth

GBP 1,025

Since the last update on my net worth has increased with GBP 870 (+ 561.29 %).

FI portfolio

GBP 11,419

Since the last update on my FI portfolio has increased with GBP 563 (+ 5.19 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
Change
Cash 0 0 0
Investments 0 0 0
Retirement acc 10,856 +563 11,419
Real estate 0 0 0
Other assets 0 0 0
Total assets 10,856 +563 11,419

Mortgage 0 0 0
Other debt 10,701 -307 10,394
Total debt 10,701 -307 10,394
Change
Cash 0 0 0
Investments 0 0 0
Retirement acc 10,856 +563 11,419
Real estate 0 0 0
Other assets 0 0 0
Total assets 10,856 +563 11,419

Mortgage 0 0 0
Other debt 10,701 -307 10,394
Total debt 10,701 -307 10,394
Change
Cash 0 0 0
Investments 0 0 0
Retirement acc 2,658 +8,761 11,419
Real estate 0 0 0
Other assets 0 0 0
Total assets 2,658 +8,761 11,419

Mortgage 0 0 0
Other debt 7,877 + 2,517 10,394
Total debt 7,877 + 2,517 10,394

I am now 1.5% on my way to achive my FIRE target of GBP 750,000. This is 0.1 percentage points closer, compared to the last net worth update.

GBP 11,419 FIRE target: GBP 750,000


1.5%

FI portfolio

My FI portfolio now consists of GBP 11,419 (100.0%) in retirement accounts, and GBP 0 (0.0%) in cash.

Investments

Since my last update, my investments decreased with GBP 0 (0%).

Since I started tracking, my total contributions have been GBP 10,775, and my total return has been GBP 3,297.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 563 (5.19%), of which GBP 413 was from contributions , and GBP 494 was from returns.

Since I started tracking, my total contributions have been GBP 23,890, and my total return is GBP 5,823.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be GBP 38 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
38/month
(4.0% SWR)
33/month
(3.5% SWR)
28/month
(3.0% SWR)


When can I retire?

FI date

My age

59

I am currently aiming to save/invest approximately GBP 420 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 750,000 in 28 years and 10 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another GBP 165,060, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 573,521


Financial independence forecast