Net worth update per



This is my #8 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 467,278 and my FI portfolio decreased to GBP 467,278


Net worth

GBP 467,278

Since the last update on my net worth has decreased with GBP -34,786 ( -6.93 %).

FI portfolio

GBP 467,278

Since the last update on my FI portfolio has decreased with GBP -26,531 ( -5.37 %).

Net worth
FI portfolio

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

I am now 33.4% on my way to achive my FIRE target of GBP 1,400,000. This is -1.9 percentage points closer, compared to the last net worth update.

GBP 467,278 FIRE target: GBP 1,400,000


33.4%


FI portfolio


My FI portfolio now consists of GBP 296,338 (63.4%) in investments, GBP 64,249 (13.7%) in retirement accounts, and GBP 106,691 (22.8%) in cash.

Investments

Since my last update, my investments decreased with GBP -17,585 (-5.6%).

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -8,048 (-11.13%), of which GBP 1,365 was from contributions , and GBP -1,155 was from returns.

Since I started tracking, my total contributions have been GBP 29,434, and my total return is GBP 66,056.




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


If I quit working today, my monthly pay out would be GBP 1,557 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,557/month
(4.0% SWR)
1,362/month
(3.5% SWR)
1,168/month
(3.0% SWR)


When can I retire?


FI date


My age

40

I am currently aiming to save/invest approximately GBP 3,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,400,000 in 8 years and 7 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another GBP 369,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 563,722


Financial independence forecast