Net worth update per



This is my #10 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 515,900 and my FI portfolio increased to GBP 291,100


Net worth

GBP 515,900

Since the last update on my net worth has increased with GBP 21,700 (+ 4.39 %).

FI portfolio

GBP 291,100

Since the last update on my FI portfolio has increased with GBP 21,400 (+ 7.93 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.

I am now 29.1% on my way to achive my FIRE target of GBP 1,000,000. This is 2.1 percentage points closer, compared to the last net worth update.

GBP 291,100 FIRE target: GBP 1,000,000


29.1%


FI portfolio


My FI portfolio now consists of GBP 89,400 (30.7%) in investments, GBP 195,700 (67.2%) in retirement accounts, and GBP 6,000 (2.1%) in cash.

Investments

Since my last update, my investments increased with GBP 6,400 (7.71%).

Since I started tracking, my total contributions have been GBP 12,600, and my total return has been GBP -600.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 15,000 (8.3%).

Since I started tracking, my total contributions have been GBP 9,390, and my total return is GBP 5,810.




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


If I quit working today, my monthly pay out would be GBP 970 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
970/month
(4.0% SWR)
849/month
(3.5% SWR)
727/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately GBP 2,300 each month.

Assuming an annual return of 12% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 7 years and 0 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another GBP 200,100, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 508,800


Financial independence forecast