This is my #9 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 651,700 and my FI portfolio increased to GBP 396,700
I am now 29.4% on my way to achive my FIRE target of GBP 1,350,000. This is 0.5 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of GBP 93,700 (23.6%) in investments, GBP 297,000 (74.9%) in retirement accounts, and GBP 6,000 (1.5%) in cash.
Since my last update, my investments
with GBP 2,200
Since I started tracking, my total contributions have been GBP 37,200, and my total return has been GBP 44,700.
Since my last update, my retirement accounts
with GBP 5,200
Since I started tracking, my total contributions have been GBP 22,950, and my total return is GBP 84,750.
If I quit working today, my monthly pay out would be GBP 1,322 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 12% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,350,000 in 7 years and 0 months, in 2028-11-16T00:00:00Z, and at that time I will be 51 years old.
By that time I will have invested/saved another GBP 153,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 800,300