This is FINANCIALFLUKE'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 235,000 and my FI portfolio was GBP 187,000.
I am now 18.7% on my way to achive my FIRE target of GBP 1,000,000.
My FI portfolio now consists of GBP 31,000 (16.6%) in investments, GBP 36,000 (19.3%) in retirement accounts, and GBP 120,000 (64.2%) in cash.
If I quit working today, my monthly pay out would be GBP 623 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
1,600
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,000,000
in 15 years and 4 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another GBP 379,200,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
433,800