Net worth update per



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 , my net worth was GBP 65,000 and my FI portfolio was GBP 65,000.


Net worth

GBP 65,000

FI portfolio

GBP 65,000

I am now 6.5% on my way to achive my FIRE target of GBP 1,000,000.

GBP 65,000 FIRE target: GBP 1,000,000


6.5%

FI portfolio


My FI portfolio now consists of and GBP 65,000 (100.0%) in cash.




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



If I quit working today, my monthly pay out would be GBP 216 for the rest of my life.

Retire today with (GBP)
216/month
(4.0% SWR)
189/month
(3.5% SWR)
162/month
(3.0% SWR)


When can I retire?


FI date


My age

56

I am currently aiming to save/invest approximately GBP 1,500 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 16 years and 10 months, in , 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


Financial independence forecast