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 532,700 and my FI portfolio increased to GBP 307,700


Net worth

GBP 532,700

Since the last update on my net worth has increased with GBP 6,600 (+ 1.25 %).

FI portfolio

GBP 307,700

Since the last update on my FI portfolio has increased with GBP 6,400 (+ 2.12 %).

Net worth
FI portfolio

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

I am now 25.6% on my way to achive my FIRE target of GBP 1,200,000. This is 0.5 percentage points closer, compared to the last net worth update.

GBP 307,700 FIRE target: GBP 1,200,000


25.6%


FI portfolio


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.

Investments

Since my last update, my investments increased with GBP 2,200 (2.4%), of which GBP 1,400 was from contributions, and GBP 2,600 was from returns.

Since I started tracking, my total contributions have been GBP 19,600, and my total return has been GBP 8,400.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 4,200 (2.06%), of which GBP 960 was from contributions , and GBP 13,540 was from returns.

Since I started tracking, my total contributions have been GBP 13,270, and my total return is GBP 20,930.




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


If I quit working today, my monthly pay out would be GBP 1,025 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,025/month
(4.0% SWR)
897/month
(3.5% SWR)
769/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately GBP 2,960 each month.

Assuming an annual return of 15% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,200,000 in 6 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 233,840, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 658,460


Financial independence forecast