Net worth update per
This is sincerePretzels6'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 147,753 and my FI portfolio was GBP 34,440.
Net worth
GBP 147,753
FI portfolio
GBP 34,440
I am now 3.4% on my way to achive my FIRE target of GBP 1,000,000.
GBP 34,440 FIRE target: GBP 1,000,000
FI portfolio
My FI portfolio now consists of GBP 29,440 (85.5%) in retirement accounts, and GBP 5,000 (14.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 114 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
57
I am currently aiming to save/invest
approximately GBP
1,200
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 21 years and 7 months,
in , and at that time I will be
57 years old.
By that time I will have invested/saved
another GBP 402,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
563,560