This is my #14 net worth update. Please check out my profile here for more information. As of 2020-05-16T00:00:00Z, my net worth increased to GBP 532,700 and my FI portfolio increased to GBP 307,700
I am now 30.8% on my way to achive my FIRE target of GBP 1,000,000. This is 0.6 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of GBP 93,700 (30.5%) in investments, GBP 208,000 (67.6%) in retirement accounts, and GBP 6,000 (1.9%) in cash.
Since my last update, my investments
with GBP 2,200
Since I started tracking, my total contributions have been GBP 9,800, and my total return has been GBP -100.
Since my last update, my retirement accounts
with GBP 4,200
Since I started tracking, my total contributions have been GBP 7,490, and my total return is GBP 2,210.
If I quit working today, my monthly pay out would be GBP 1,025 for the rest of my life.
I am currently aiming to save/invest
approximately GBP 2,300
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 11 months, in 2027-05-16T00:00:00Z, and at that time I will be 50 years old.
By that time I will have invested/saved another GBP 193,200, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 499,100