Net worth update per



This is my #19 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 569,000 and my FI portfolio increased to GBP 342,900


Net worth

GBP 569,000

Since the last update on my net worth has increased with GBP 3,600 (+ 0.64 %).

FI portfolio

GBP 342,900

Since the last update on my FI portfolio has increased with GBP 3,400 (+ 1.0 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.

I am now 28.6% on my way to achive my FIRE target of GBP 1,200,000. This is 0.3 percentage points closer, compared to the last net worth update.

GBP 342,900 FIRE target: GBP 1,200,000


28.6%


FI portfolio


My FI portfolio now consists of GBP 110,200 (32.1%) in investments, GBP 226,700 (66.1%) in retirement accounts, and GBP 6,000 (1.7%) in cash.

Investments

Since my last update, my investments increased with GBP 1,900 (1.75%), of which GBP 1,400 was from contributions, and GBP 500 was from returns.

Since I started tracking, my total contributions have been GBP 16,800, and my total return has been GBP 4,400.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 1,500 (0.67%), of which GBP 960 was from contributions , and GBP 540 was from returns.

Since I started tracking, my total contributions have been GBP 11,350, and my total return is GBP 13,350.




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


If I quit working today, my monthly pay out would be GBP 1,143 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,143/month
(4.0% SWR)
1,000/month
(3.5% SWR)
857/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately GBP 2,300 each month.

Assuming an annual return of 15% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,200,000 in 6 years and 6 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another GBP 181,700, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 675,400


Financial independence forecast