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Net worth update per


This is TwentyTurtles's #10 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 622,800 and my FI portfolio increased to GBP 618,000


Net worth

GBP 622,800

Since the last update on my net worth has increased with GBP 15,569 (+ 2.56 %).

FI portfolio

GBP 618,000

Since the last update on my FI portfolio has increased with GBP 17,769 (+ 2.96 %).

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 256,000 +12,000 268,000
Investments 234,231 +2,769 237,000
Retirement acc 110,000 +3,000 113,000
Real estate 0 0 0
Other assets 7,000 -2,200 4,800
Total assets 607,231 +15,569 622,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 105,042 +162,958 268,000
Investments 332,297 -95,297 237,000
Retirement acc 69,435 +43,565 113,000
Real estate 0 0 0
Other assets 0 + 4,800 4,800
Total assets 506,774 +116,026 622,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 97,966 +170,034 268,000
Investments 330,217 -93,217 237,000
Retirement acc 65,100 +47,900 113,000
Real estate 0 0 0
Other assets 0 + 4,800 4,800
Total assets 493,283 +129,517 622,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 44.1% on my way to achive my FIRE target of GBP 1,400,000. This is 1.3 percentage points closer, compared to the last net worth update.

GBP 618,000 FIRE target: GBP 1,400,000


44.1%

FI portfolio

My FI portfolio now consists of GBP 237,000 (38.3%) in investments, GBP 113,000 (18.3%) in retirement accounts, and GBP 268,000 (43.4%) in cash.

Investments

Since my last update, my investments increased with GBP 2,769 (1.18%), of which GBP 60,083 was from contributions, and GBP 165,235 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 3,000 (2.73%), of which GBP 39,390 was from contributions , and GBP 95,129 was from returns.

Since I started tracking, my total contributions have been GBP 68,824, and my total return is GBP 110,595.




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

If I quit working today, my monthly pay out would be GBP 2,060 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
2,060/month
(4.0% SWR)
1,802/month
(3.5% SWR)
1,545/month
(3.0% SWR)


When can I retire?

FI date

My age

39

I am currently aiming to save/invest approximately GBP 3,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,400,000 in 4 years and 2 months, in , and at that time I will be 39 years old.

By that time I will have invested/saved another GBP 318,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 464,000


Financial independence forecast