Net worth update per
This is RedKing'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 9,787 and my FI portfolio was GBP 26,687.
Net worth
GBP 9,787
FI portfolio
GBP 26,687
I am now 4.3% on my way to achive my FIRE target of GBP 625,000.
GBP 26,687 FIRE target: GBP 625,000
FI portfolio
My FI portfolio now consists of GBP 1,500 (5.6%) in investments, GBP 10,883 (40.8%) in retirement accounts, and GBP 14,304 (53.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 88 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
50
I am currently aiming to save/invest
approximately GBP
1,500
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 625,000
in 13 years and 0 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another GBP 319,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
278,813