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Net worth update per


This is FIREDreamer's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 65,832 and my FI portfolio increased to GBP 65,093


Net worth

GBP 65,832

Since the last update on my net worth has increased with GBP 2,861 (+ 4.54 %).

FI portfolio

GBP 65,093

Since the last update on my FI portfolio has increased with GBP 2,754 (+ 4.42 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
Change
Cash 26,961 -7,081 19,880
Investments 30,349 +9,593 39,942
Retirement acc 5,029 +242 5,271
Real estate 0 0 0
Other assets 44,575 + 107 44,682
Total assets 106,914 +2,861 109,775

Mortgage 0 0 0
Other debt 43,943 0 43,943
Total debt 43,943 0 43,943
Change
Cash 20,755 -875 19,880
Investments 23,950 +15,992 39,942
Retirement acc 3,524 +1,747 5,271
Real estate 0 0 0
Other assets 43,943 + 739 44,682
Total assets 92,172 +17,603 109,775

Mortgage 0 0 0
Other debt 43,943 0 43,943
Total debt 43,943 0 43,943
Change
Cash 20,755 -875 19,880
Investments 23,950 +15,992 39,942
Retirement acc 3,524 +1,747 5,271
Real estate 0 0 0
Other assets 43,943 + 739 44,682
Total assets 92,172 +17,603 109,775

Mortgage 0 0 0
Other debt 43,943 0 43,943
Total debt 43,943 0 43,943

I am now 10.8% on my way to achive my FIRE target of GBP 600,000. This is 0.5 percentage points closer, compared to the last net worth update.

GBP 65,093 FIRE target: GBP 600,000


10.8%

FI portfolio

My FI portfolio now consists of GBP 39,942 (61.4%) in investments, GBP 5,271 (8.1%) in retirement accounts, and GBP 19,880 (30.5%) in cash.

Investments

Since my last update, my investments increased with GBP 9,593 (31.61%), of which GBP 1,000 was from contributions, and GBP 25,058 was from returns.

Since I started tracking, my total contributions have been GBP 60,975, and my total return has been GBP 113,781.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 242 (4.81%), of which GBP 1,000 was from contributions , and GBP -459 was from returns.

Since I started tracking, my total contributions have been GBP 11,814, and my total return is GBP 677.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be GBP 216 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
216/month
(4.0% SWR)
189/month
(3.5% SWR)
162/month
(3.0% SWR)


When can I retire?

FI date

My age

38

I am currently aiming to save/invest approximately GBP 2,750 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 600,000 in 5 years and 1 months, in , and at that time I will be 38 years old.

By that time I will have invested/saved another GBP 291,500, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 243,407


Financial independence forecast