Net worth update per December 4th 2020
This is MrGreyhound'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 December 4th 2020, my net worth was GBP 37,275 and my FI portfolio was GBP 35,275.
Net worth
GBP 37,275
FI portfolio
GBP 35,275
I am now 5.4% on my way to achive my FIRE target of GBP 650,000.
GBP 35,275 FIRE target: GBP 650,000
FI portfolio
My FI portfolio now consists of GBP 19,000 (53.9%) in investments, GBP 14,000 (39.7%) in retirement accounts, and GBP 2,275 (6.4%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 117 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
April 2041
My age
48
I am currently aiming to save/invest
approximately GBP
500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 650,000
in 15 years and 10 months,
in April 2041, and at that time I will be
48 years old.
By that time I will have invested/saved
another GBP 122,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
492,725