This is fergly'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 223,500 and my FI portfolio was GBP 53,500.
I am now 2.7% on my way to achive my FIRE target of GBP 2,000,000.
My FI portfolio now consists of GBP 20,000 (37.4%) in investments, GBP 20,500 (38.3%) in retirement accounts, and GBP 13,000 (24.3%) in cash.
If I quit working today, my monthly pay out would be GBP 178 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
550
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 2,000,000
in 24 years and 0 months,
in , and at that time I will be
58 years old.
By that time I will have invested/saved
another GBP 195,800,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
1,750,700