Net worth update per
This is Jim's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was GBP 740,000 and my FI portfolio was GBP 420,000.
Net worth
GBP 740,000
FI portfolio
GBP 420,000
I am now 28.0% on my way to achive my FIRE target of GBP 1,500,000.
GBP 420,000 FIRE target: GBP 1,500,000
FI portfolio
My FI portfolio now consists of GBP 175,000 (41.7%) in investments, GBP 100,000 (23.8%) in retirement accounts, and GBP 145,000 (34.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 1,400 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
54
I am currently aiming to save/invest
approximately GBP
3,750
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,500,000
in 6 years and 3 months,
in , and at that time I will be
54 years old.
By that time I will have invested/saved
another GBP 491,250,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
588,750