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Net worth update per October 14th 2020


This is cybernaut's #14 net worth update. Please check out my profile here for more information. As of October 14th 2020, my net worth increased to GBP 699,850 and my FI portfolio increased to GBP 443,400


Net worth

GBP 699,850

Since the last update on September 14th 2020 my net worth has increased with GBP 7,850 (+ 1.13 %).

FI portfolio

GBP 443,400

Since the last update on September 14th 2020 my FI portfolio has increased with GBP 7,500 (+ 1.72 %).

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.
14 Sep 20 Change 14 Oct 20
Cash 6,000 0 6,000
Investments 110,200 +2,300 112,500
Retirement acc 319,700 +5,200 324,900
Real estate 280,000 0 280,000
Other assets 0 0 0
Total assets 715,900 +7,500 723,400

Mortgage 23,900 -350 23,550
Other debt 0 0 0
Total debt 23,900 -350 23,550
28 Dec 19 Change 14 Oct 20
Cash 6,000 0 6,000
Investments 96,500 +16,000 112,500
Retirement acc 287,800 +37,100 324,900
Real estate 280,000 0 280,000
Other assets 0 0 0
Total assets 670,300 +53,100 723,400

Mortgage 26,350 -2,800 23,550
Other debt 0 0 0
Total debt 26,350 -2,800 23,550
29 Sep 19 Change 14 Oct 20
Cash 6,000 0 6,000
Investments 89,000 +23,500 112,500
Retirement acc 283,000 +41,900 324,900
Real estate 280,000 0 280,000
Other assets 0 0 0
Total assets 658,000 +65,400 723,400

Mortgage 27,000 -3,450 23,550
Other debt 0 0 0
Total debt 27,000 -3,450 23,550

I am now 35.5% on my way to achive my FIRE target of GBP 1,250,000. This is 0.6 percentage points closer, compared to the last net worth update.

GBP 443,400 FIRE target: GBP 1,250,000


35.5%

FI portfolio

My FI portfolio now consists of GBP 112,500 (25.4%) in investments, GBP 324,900 (73.3%) in retirement accounts, and GBP 6,000 (1.4%) in cash.

Investments

Since my last update, my investments increased with GBP 2,300 (2.09%), of which GBP 100 was from contributions, and GBP -6,500 was from returns.

Since I started tracking, my total contributions have been GBP 140,800, and my total return has been GBP 9,200.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 5,200 (1.63%), of which GBP 3,477 was from contributions , and GBP -13,377 was from returns.

Since I started tracking, my total contributions have been GBP 120,188, and my total return is GBP 90,212.




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

If I quit working today, my monthly pay out would be GBP 1,478 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,478/month
(4.0% SWR)
1,293/month
(3.5% SWR)
1,108/month
(3.0% SWR)


When can I retire?

FI date

June 2027

My age

50

I am currently aiming to save/invest approximately GBP 3,470 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,250,000 in 2 years and 0 months, in June 2027, and at that time I will be 50 years old.

By that time I will have invested/saved another GBP 277,600, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 529,000


Financial independence forecast