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Net worth update per


This is RareSteak's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 468,000 and my FI portfolio decreased to GBP 287,000


Net worth

GBP 468,000

Since the last update on my net worth has increased with GBP 5,000 (+ 1.08 %).

FI portfolio

GBP 287,000

Since the last update on my FI portfolio has decreased with GBP -1,000 ( -0.35 %).

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 108,000 -103,500 4,500
Investments 30,000 +102,500 132,500
Retirement acc 150,000 0 150,000
Real estate 480,000 + 5,000 485,000
Other assets 0 0 0
Total assets 768,000 +4,000 772,000

Mortgage 305,000 -1,000 304,000
Other debt 0 0 0
Total debt 305,000 -1,000 304,000
Change
Cash 108,000 -103,500 4,500
Investments 30,000 +102,500 132,500
Retirement acc 150,000 0 150,000
Real estate 480,000 + 5,000 485,000
Other assets 0 0 0
Total assets 768,000 +4,000 772,000

Mortgage 305,000 -1,000 304,000
Other debt 0 0 0
Total debt 305,000 -1,000 304,000
Change
Cash 108,000 -103,500 4,500
Investments 30,000 +102,500 132,500
Retirement acc 150,000 0 150,000
Real estate 480,000 + 5,000 485,000
Other assets 0 0 0
Total assets 768,000 +4,000 772,000

Mortgage 305,000 -1,000 304,000
Other debt 0 0 0
Total debt 305,000 -1,000 304,000

I am now 19.1% on my way to achive my FIRE target of GBP 1,500,000. This is -0.1 percentage points closer, compared to the last net worth update.

GBP 287,000 FIRE target: GBP 1,500,000


19.1%

FI portfolio

My FI portfolio now consists of GBP 132,500 (46.2%) in investments, GBP 150,000 (52.3%) in retirement accounts, and GBP 4,500 (1.6%) in cash.

Investments

Since my last update, my investments increased with GBP 102,500 (341.67%), of which GBP 25,000 was from contributions, and GBP 18,500 was from returns.

Since I started tracking, my total contributions have been GBP 25,000, and my total return has been GBP 121,000.

Retirement accounts

Since my last update, my retirement accounts decreased with GBP 0 (0.0%).

Since I started tracking, my total contributions have been GBP 0, and my total return is GBP 20,000.




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

If I quit working today, my monthly pay out would be GBP 956 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
956/month
(4.0% SWR)
837/month
(3.5% SWR)
717/month
(3.0% SWR)


When can I retire?

FI date

My age

47

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 6 years and 6 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another GBP 340,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 873,000


Financial independence forecast