This is FamilyonFIRE'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 570,873 and my FI portfolio was GBP 91,026.
I am now 12.1% on my way to achive my FIRE target of GBP 750,000.
My FI portfolio now consists of GBP 14,750 (16.2%) in investments, GBP 55,526 (61.0%) in retirement accounts, and GBP 20,750 (22.8%) in cash.
If I quit working today, my monthly pay out would be GBP 303 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
2,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 750,000
in 6 years and 8 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another GBP 274,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
384,974