This is Lozhughes'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 119,500 and my FI portfolio was GBP 14,500.
I am now 12.1% on my way to achive my FIRE target of GBP 120,000.
My FI portfolio now consists of GBP 3,500 (24.1%) in investments, GBP 6,000 (41.4%) in retirement accounts, and GBP 5,000 (34.5%) in cash.
If I quit working today, my monthly pay out would be GBP 48 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
400
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 120,000
in 9 years and 1 months,
in , and at that time I will be
45 years old.
By that time I will have invested/saved
another GBP 66,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
39,500