Net worth update per
This is Mcsw'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 48,128 and my FI portfolio was GBP 30,239.
Net worth
GBP 48,128
FI portfolio
GBP 30,239
I am now 4.0% on my way to achive my FIRE target of GBP 750,000.
GBP 30,239 FIRE target: GBP 750,000
FI portfolio
My FI portfolio now consists of GBP 866 (2.9%) in investments, GBP 27,254 (90.1%) in retirement accounts, and GBP 2,119 (7.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 100 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
48
I am currently aiming to save/invest
approximately GBP
1,500
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 750,000
in 12 years and 2 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another GBP 303,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
416,761