This is studavis14'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 140,000 and my FI portfolio was GBP 90,000.
I am now 4.5% on my way to achive my FIRE target of GBP 2,000,000.
My FI portfolio now consists of GBP 44,000 (48.9%) in investments, GBP 41,000 (45.6%) in retirement accounts, and GBP 5,000 (5.6%) in cash.
If I quit working today, my monthly pay out would be GBP 300 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
3,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 2,000,000
in 11 years and 3 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another GBP 603,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
1,307,000