Net worth update per
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.
Net worth
GBP 140,000
FI portfolio
GBP 90,000
I am now 4.5% on my way to achive my FIRE target of GBP 2,000,000.
GBP 90,000 FIRE target: GBP 2,000,000
FI portfolio
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.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 300 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
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 12 years and 1 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