Net worth update per
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.
Net worth
GBP 570,873
FI portfolio
GBP 91,026
I am now 12.1% on my way to achive my FIRE target of GBP 750,000.
GBP 91,026 FIRE target: GBP 750,000
FI portfolio
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.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 303 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
51
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 7 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