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Net worth update per


This is TwentyTurtles's #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 650,800 and my FI portfolio increased to GBP 646,000


Net worth

GBP 650,800

Since the last update on my net worth has increased with GBP 31,755 (+ 5.13 %).

FI portfolio

GBP 646,000

Since the last update on my FI portfolio has increased with GBP 34,427 (+ 5.63 %).

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 302,474 +3,526 306,000
Investments 198,000 +17,000 215,000
Retirement acc 111,099 +13,901 125,000
Real estate 0 0 0
Other assets 7,472 -2,672 4,800
Total assets 619,045 +31,755 650,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 105,042 +200,958 306,000
Investments 332,297 -117,297 215,000
Retirement acc 69,435 +55,565 125,000
Real estate 0 0 0
Other assets 0 + 4,800 4,800
Total assets 506,774 +144,026 650,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 97,966 +208,034 306,000
Investments 330,217 -115,217 215,000
Retirement acc 65,100 +59,900 125,000
Real estate 0 0 0
Other assets 0 + 4,800 4,800
Total assets 493,283 +157,517 650,800

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

I am now 46.1% on my way to achive my FIRE target of GBP 1,400,000. This is 2.5 percentage points closer, compared to the last net worth update.

GBP 646,000 FIRE target: GBP 1,400,000


46.1%

FI portfolio

My FI portfolio now consists of GBP 215,000 (33.3%) in investments, GBP 125,000 (19.3%) in retirement accounts, and GBP 306,000 (47.4%) in cash.

Investments

Since my last update, my investments increased with GBP 17,000 (8.59%).

Retirement accounts

Since my last update, my retirement accounts increased with GBP 13,901 (12.51%).

Since I started tracking, my total contributions have been GBP 29,434, and my total return is GBP 15,466.




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

If I quit working today, my monthly pay out would be GBP 2,153 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
2,153/month
(4.0% SWR)
1,884/month
(3.5% SWR)
1,615/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 5 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 309,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 445,000


Financial independence forecast