Net worth update per
This is HairyM'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 11,000 and my FI portfolio was GBP 20,000.
Net worth
GBP 11,000
FI portfolio
GBP 20,000
I am now 2.0% on my way to achive my FIRE target of GBP 1,000,000.
GBP 20,000 FIRE target: GBP 1,000,000
FI portfolio
My FI portfolio now consists of GBP 14,000 (70.0%) in retirement accounts, and GBP 6,000 (30.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 66 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
2,400
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,000,000
in 9 years and 10 months,
in , and at that time I will be
45 years old.
By that time I will have invested/saved
another GBP 417,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
562,400