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Net worth update per


This is chinook's #17 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 287,893 and my FI portfolio increased to GBP 287,893


Net worth

GBP 287,893

Since the last update on my net worth has increased with GBP 17,016 (+ 6.28 %).

FI portfolio

GBP 287,893

Since the last update on my FI portfolio has increased with GBP 17,016 (+ 6.28 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
Change
Cash 92,429 +6,071 98,500
Investments 61,029 +2,310 63,339
Retirement acc 117,419 +8,635 126,054
Real estate 0 0 0
Other assets 0 0 0
Total assets 270,877 +17,016 287,893

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 105,600 -7,100 98,500
Investments 33,855 +29,484 63,339
Retirement acc 119,387 +6,667 126,054
Real estate 0 0 0
Other assets 0 0 0
Total assets 258,842 +29,051 287,893

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 -1,500 98,500
Investments 20,000 +43,339 63,339
Retirement acc 52,800 +73,254 126,054
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +115,093 287,893

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 28.8% on my way to achive my FIRE target of GBP 1,000,000. This is 1.7 percentage points closer, compared to the last net worth update.

GBP 287,893 FIRE target: GBP 1,000,000


28.8%

FI portfolio

My FI portfolio now consists of GBP 63,339 (22.0%) in investments, GBP 126,054 (43.8%) in retirement accounts, and GBP 98,500 (34.2%) in cash.

Investments

Since my last update, my investments increased with GBP 2,310 (3.79%), of which GBP 100 was from contributions, and GBP -13,738 was from returns.

Since I started tracking, my total contributions have been GBP 157,236, and my total return has been GBP 18,448.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 8,635 (7.35%), of which GBP 3,841 was from contributions , and GBP -38,284 was from returns.

Since I started tracking, my total contributions have been GBP 349,928, and my total return is GBP 158,924.




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

If I quit working today, my monthly pay out would be GBP 959 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
959/month
(4.0% SWR)
839/month
(3.5% SWR)
719/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately GBP 5,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 2 years and 7 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another GBP 465,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 247,107


Financial independence forecast