Net worth update per
This is Madfish1'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 57,000 and my FI portfolio was GBP 26,700.
Net worth
GBP 57,000
FI portfolio
GBP 26,700
I am now 5.3% on my way to achive my FIRE target of GBP 500,000.
GBP 26,700 FIRE target: GBP 500,000
FI portfolio
My FI portfolio now consists of GBP 1,300 (4.9%) in investments, GBP 21,000 (78.7%) in retirement accounts, and GBP 4,400 (16.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 89 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
45
I am currently aiming to save/invest
approximately GBP
450
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 500,000
in 14 years and 0 months,
in , and at that time I will be
45 years old.
By that time I will have invested/saved
another GBP 106,650,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
366,650