This is my 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 2020-09-16T00:00:00Z, my net worth was GBP 703,000 and my FI portfolio was GBP 353,000.
I am now 15.3% on my way to achive my FIRE target of GBP 2,300,000.
My FI portfolio now consists of GBP 190,000 (53.8%) in investments, GBP 109,000 (30.9%) in retirement accounts, and GBP 54,000 (15.3%) in cash.
If I quit working today, my monthly pay out would be GBP 1,176 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 2,300,000 in 7 years and 5 months, in 2028-03-16T00:00:00Z, and at that time I will be 38 years old.
By that time I will have invested/saved another GBP 1,080,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 867,000