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Net worth update per


This is chinook's #15 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 254,368 and my FI portfolio decreased to GBP 254,368


Net worth

GBP 254,368

Since the last update on my net worth has decreased with GBP -12,049 ( -4.52 %).

FI portfolio

GBP 254,368

Since the last update on my FI portfolio has decreased with GBP -12,049 ( -4.52 %).

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 110,458 +629 111,087
Investments 40,734 -4,034 36,700
Retirement acc 115,225 -8,644 106,581
Real estate 0 0 0
Other assets 0 0 0
Total assets 266,417 -12,049 254,368

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 105,600 +5,487 111,087
Investments 33,855 +2,845 36,700
Retirement acc 119,387 -12,806 106,581
Real estate 0 0 0
Other assets 0 0 0
Total assets 258,842 -4,474 254,368

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 +11,087 111,087
Investments 20,000 +16,700 36,700
Retirement acc 52,800 +53,781 106,581
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +81,568 254,368

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 25.4% on my way to achive my FIRE target of GBP 1,000,000. This is -1.2 percentage points closer, compared to the last net worth update.

GBP 254,368 FIRE target: GBP 1,000,000


25.4%

FI portfolio

My FI portfolio now consists of GBP 36,700 (14.4%) in investments, GBP 106,581 (41.9%) in retirement accounts, and GBP 111,087 (43.7%) in cash.

Investments

Since my last update, my investments decreased with GBP -4,034 (-9.9%), of which GBP 100 was from contributions, and GBP -13,738 was from returns.

Since I started tracking, my total contributions have been GBP 157,236, and my total return has been GBP 18,448.

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -8,644 (-7.5%), of which GBP 3,841 was from contributions , and GBP -38,284 was from returns.

Since I started tracking, my total contributions have been GBP 349,928, and my total return is GBP 158,924.




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

If I quit working today, my monthly pay out would be GBP 847 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
847/month
(4.0% SWR)
741/month
(3.5% SWR)
635/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately GBP 5,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 3 years and 1 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another GBP 495,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 250,632


Financial independence forecast