Net worth update per
This is imperiallight'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 1,050,000 and my FI portfolio was GBP 240,000.
Net worth
GBP 1,050,000
FI portfolio
GBP 240,000
I am now 68.6% on my way to achive my FIRE target of GBP 350,000.
GBP 240,000 FIRE target: GBP 350,000
FI portfolio
My FI portfolio now consists of GBP 30,000 (12.5%) in investments, GBP 150,000 (62.5%) in retirement accounts, and GBP 60,000 (25.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 800 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
22
I am currently aiming to save/invest
approximately GBP
600
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 350,000
in 0 years and -1 months,
in , and at that time I will be
22 years old.
By that time I will have invested/saved
another GBP 32,400,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
77,600