Net worth update per
This is RareSteak'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 463,000 and my FI portfolio was GBP 288,000.
Net worth
GBP 463,000
FI portfolio
GBP 288,000
I am now 19.2% on my way to achive my FIRE target of GBP 1,500,000.
GBP 288,000 FIRE target: GBP 1,500,000
FI portfolio
My FI portfolio now consists of GBP 30,000 (10.4%) in investments, GBP 150,000 (52.1%) in retirement accounts, and GBP 108,000 (37.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 960 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
48
I am currently aiming to save/invest
approximately GBP
2,500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,500,000
in 8 years and 8 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another GBP 375,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
837,000