Net worth update per December 27th 2020
This is Sebborn28'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 December 27th 2020, my net worth was GBP 7,123 and my FI portfolio was GBP 6,445.
Net worth
GBP 7,123
FI portfolio
GBP 6,445
I am now 1.3% on my way to achive my FIRE target of GBP 500,000.
GBP 6,445 FIRE target: GBP 500,000
FI portfolio
My FI portfolio now consists of GBP 4,807 (74.6%) in investments, GBP 400 (6.2%) in retirement accounts, and GBP 1,238 (19.2%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 21 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
June 2031
My age
32
I am currently aiming to save/invest
approximately GBP
1,900
each month.
Assuming an annual return of
12% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 500,000
in 6 years and 0 months,
in June 2031, and at that time I will be
32 years old.
By that time I will have invested/saved
another GBP 239,400,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
254,155