This is JohnHammock'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 121,668 and my FI portfolio was GBP 81,563.
I am now 8.2% on my way to achive my FIRE target of GBP 1,000,000.
My FI portfolio now consists of GBP 33,241 (40.8%) in investments, GBP 30,894 (37.9%) in retirement accounts, and GBP 17,428 (21.4%) in cash.
If I quit working today, my monthly pay out would be GBP 271 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
3,850
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,000,000
in 5 years and 5 months,
in , and at that time I will be
39 years old.
By that time I will have invested/saved
another GBP 465,850,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
452,587