Net worth update per
This is budster2019'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 -193,795 and my FI portfolio was GBP 2,200.
Net worth
GBP -193,795
FI portfolio
GBP 2,200
I am now 0.7% on my way to achive my FIRE target of GBP 300,000.
GBP 2,200 FIRE target: GBP 300,000
FI portfolio
My FI portfolio now consists of GBP 1,700 (77.3%) in retirement accounts, and GBP 500 (22.7%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 7 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
47
I am currently aiming to save/invest
approximately GBP
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 300,000
in 12 years and 0 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another GBP 106,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
191,800