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Net worth update per


This is RareSteak's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 532,112 and my FI portfolio increased to GBP 350,000


Net worth

GBP 532,112

Since the last update on my net worth has increased with GBP 64,112 (+ 13.7 %).

FI portfolio

GBP 350,000

Since the last update on my FI portfolio has increased with GBP 63,000 (+ 21.95 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
Change
Cash 4,500 -500 4,000
Investments 132,500 +43,500 176,000
Retirement acc 150,000 +20,000 170,000
Real estate 485,000 -5,000 480,000
Other assets 0 0 0
Total assets 772,000 +58,000 830,000

Mortgage 304,000 -6,112 297,888
Other debt 0 0 0
Total debt 304,000 -6,112 297,888
Change
Cash 108,000 -104,000 4,000
Investments 30,000 +146,000 176,000
Retirement acc 150,000 +20,000 170,000
Real estate 480,000 0 480,000
Other assets 0 0 0
Total assets 768,000 +62,000 830,000

Mortgage 305,000 -7,112 297,888
Other debt 0 0 0
Total debt 305,000 -7,112 297,888
Change
Cash 108,000 -104,000 4,000
Investments 30,000 +146,000 176,000
Retirement acc 150,000 +20,000 170,000
Real estate 480,000 0 480,000
Other assets 0 0 0
Total assets 768,000 +62,000 830,000

Mortgage 305,000 -7,112 297,888
Other debt 0 0 0
Total debt 305,000 -7,112 297,888

I am now 23.3% on my way to achive my FIRE target of GBP 1,500,000. This is 4.2 percentage points closer, compared to the last net worth update.

GBP 350,000 FIRE target: GBP 1,500,000


23.3%

FI portfolio

My FI portfolio now consists of GBP 176,000 (50.3%) in investments, GBP 170,000 (48.6%) in retirement accounts, and GBP 4,000 (1.1%) in cash.

Investments

Since my last update, my investments increased with GBP 43,500 (32.83%), of which GBP 25,000 was from contributions, and GBP 18,500 was from returns.

Since I started tracking, my total contributions have been GBP 25,000, and my total return has been GBP 121,000.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 20,000 (13.33%).

Since I started tracking, my total contributions have been GBP 0, and my total return is GBP 20,000.




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

If I quit working today, my monthly pay out would be GBP 1,166 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,166/month
(4.0% SWR)
1,020/month
(3.5% SWR)
875/month
(3.0% SWR)


When can I retire?

FI date

My age

46

I am currently aiming to save/invest approximately GBP 2,500 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,500,000 in 5 years and 10 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another GBP 307,500, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 842,500


Financial independence forecast