Net worth update per



This is my #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 526,100 and my FI portfolio increased to GBP 301,300


Net worth

GBP 526,100

Since the last update on my net worth has increased with GBP 10,200 (+ 1.98 %).

FI portfolio

GBP 301,300

Since the last update on my FI portfolio has increased with GBP 10,200 (+ 3.5 %).

Net worth
FI portfolio

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

I am now 30.1% on my way to achive my FIRE target of GBP 1,000,000. This is 1.0 percentage points closer, compared to the last net worth update.

GBP 301,300 FIRE target: GBP 1,000,000


30.1%


FI portfolio


My FI portfolio now consists of GBP 91,500 (30.4%) in investments, GBP 203,800 (67.6%) in retirement accounts, and GBP 6,000 (2.0%) in cash.

Investments

Since my last update, my investments increased with GBP 2,100 (2.35%).

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 8,100 (4.14%).

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 1,004 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,004/month
(4.0% SWR)
878/month
(3.5% SWR)
753/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 6 years and 10 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another GBP 195,500, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 503,200


Financial independence forecast