Net worth update per
This is goofySnipe2'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 763,000 and my FI portfolio was GBP 487,000.
Net worth
GBP 763,000
FI portfolio
GBP 487,000
I am now 48.7% on my way to achive my FIRE target of GBP 1,000,000.
GBP 487,000 FIRE target: GBP 1,000,000
FI portfolio
My FI portfolio now consists of GBP 240,000 (49.3%) in investments, GBP 62,000 (12.7%) in retirement accounts, and GBP 185,000 (38.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 1,623 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
54
I am currently aiming to save/invest
approximately GBP
1,000
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,000,000
in 8 years and 9 months,
in , and at that time I will be
54 years old.
By that time I will have invested/saved
another GBP 148,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
365,000