This is Thehumblespark's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was GBP 57,900 and my FI portfolio was GBP 26,900.
I am now 5.4% on my way to achive my FIRE target of GBP 500,000.
My FI portfolio now consists of GBP 1,200 (4.5%) in investments, GBP 21,000 (78.1%) in retirement accounts, and GBP 4,700 (17.5%) in cash.
If I quit working today, my monthly pay out would be GBP 89 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
450
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 500,000
in 14 years and 0 months,
in , and at that time I will be
45 years old.
By that time I will have invested/saved
another GBP 106,650,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
366,450