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Net worth update per


This is beecho01's #36 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 7,815 and my FI portfolio increased to GBP 17,472


Net worth

GBP 7,815

Since the last update on my net worth has increased with GBP 403 (+ 5.44 %).

FI portfolio

GBP 17,472

Since the last update on my FI portfolio has increased with GBP 670 (+ 3.99 %).

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 2,782 +301 3,083
Retirement acc 14,020 +369 14,389
Real estate 0 0 0
Other assets 0 0 0
Total assets 16,802 +670 17,472

Mortgage 0 0 0
Other debt 9,390 + 267 9,657
Total debt 9,390 + 267 9,657
Change
Cash 0 0 0
Investments 0 +3,083 3,083
Retirement acc 10,856 +3,533 14,389
Real estate 0 0 0
Other assets 0 0 0
Total assets 10,856 +6,616 17,472

Mortgage 0 0 0
Other debt 10,701 -1,044 9,657
Total debt 10,701 -1,044 9,657
Change
Cash 0 0 0
Investments 0 +3,083 3,083
Retirement acc 2,658 +11,731 14,389
Real estate 0 0 0
Other assets 0 0 0
Total assets 2,658 +14,814 17,472

Mortgage 0 0 0
Other debt 7,877 + 1,780 9,657
Total debt 7,877 + 1,780 9,657

I am now 2.3% 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 17,472 FIRE target: GBP 750,000


2.3%

FI portfolio

My FI portfolio now consists of GBP 3,083 (17.6%) in investments, GBP 14,389 (82.4%) in retirement accounts, and GBP 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with GBP 301 (10.82%).

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 369 (2.63%), 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 58 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
58/month
(4.0% SWR)
50/month
(3.5% SWR)
43/month
(3.0% SWR)


When can I retire?

FI date

My age

58

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 5 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another GBP 160,020, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 572,508


Financial independence forecast