This is my 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 2019-09-01T00:00:00Z, my net worth was GBP 493,283 and my FI portfolio was GBP 493,283.
I am now 35.2% on my way to achive my FIRE target of GBP 1,400,000.
My FI portfolio now consists of GBP 330,217 (66.9%) in investments, GBP 65,100 (13.2%) in retirement accounts, and GBP 97,966 (19.9%) in cash.
If I quit working today, my monthly pay out would be GBP 1,644 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,400,000 in 7 years and 5 months, in 2029-06-01T00:00:00Z, and at that time I will be 39 years old.
By that time I will have invested/saved another GBP 351,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 555,717