This is my #13 net worth update. Please check out my profile here for more information. As of 2020-05-30T00:00:00Z, my net worth increased to GBP 541,500 and my FI portfolio increased to GBP 316,400
I am now 31.6% on my way to achive my FIRE target of GBP 1,000,000. This is 0.9 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of GBP 98,700 (31.2%) in investments, GBP 211,700 (66.9%) in retirement accounts, and GBP 6,000 (1.9%) in cash.
Since my last update, my investments
with GBP 5,000
Since I started tracking, my total contributions have been GBP 12,600, and my total return has been GBP -600.
Since my last update, my retirement accounts
with GBP 3,700
Since I started tracking, my total contributions have been GBP 9,390, and my total return is GBP 5,810.
If I quit working today, my monthly pay out would be GBP 1,054 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 1,000,000 in 6 years and 8 months, in 2027-03-30T00:00:00Z, and at that time I will be 50 years old.
By that time I will have invested/saved another GBP 188,600, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 495,000