This is my 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 2020-12-02T00:00:00Z, my net worth was GBP 65,000 and my FI portfolio was GBP 65,000.
I am now 6.5% on my way to achive my FIRE target of GBP 1,000,000.
My FI portfolio now consists of and GBP 65,000 (100.0%) in cash.
If I quit working today, my monthly pay out would be GBP 216 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 16 years and 10 months, in 2038-12-02T00:00:00Z, and at that time I will be 56 years old.
By that time I will have invested/saved another GBP 324,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 611,000