Net worth update per
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.
Net worth
GBP 235,000
FI portfolio
GBP 187,000
I am now 18.7% on my way to achive my FIRE target of GBP 1,000,000.
GBP 187,000 FIRE target: GBP 1,000,000
FI portfolio
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.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 623 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
49
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 16 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