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Net worth update per


This is TwentyTurtles's #14 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 677,434 and my FI portfolio increased to GBP 672,631


Net worth

GBP 677,434

Since the last update on my net worth has increased with GBP 11,634 (+ 1.75 %).

FI portfolio

GBP 672,631

Since the last update on my FI portfolio has increased with GBP 11,631 (+ 1.76 %).

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 307,000 +2,935 309,935
Investments 220,000 +2,610 222,610
Retirement acc 134,000 +6,086 140,086
Real estate 0 0 0
Other assets 4,800 + 3 4,803
Total assets 665,800 +11,634 677,434

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 307,000 +2,935 309,935
Investments 220,000 +2,610 222,610
Retirement acc 134,000 +6,086 140,086
Real estate 0 0 0
Other assets 4,800 + 3 4,803
Total assets 665,800 +11,634 677,434

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 97,966 +211,969 309,935
Investments 330,217 -107,607 222,610
Retirement acc 65,100 +74,986 140,086
Real estate 0 0 0
Other assets 0 + 4,803 4,803
Total assets 493,283 +184,151 677,434

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 48.0% on my way to achive my FIRE target of GBP 1,400,000. This is 0.8 percentage points closer, compared to the last net worth update.

GBP 672,631 FIRE target: GBP 1,400,000


48.0%

FI portfolio

My FI portfolio now consists of GBP 222,610 (33.1%) in investments, GBP 140,086 (20.8%) in retirement accounts, and GBP 309,935 (46.1%) in cash.

Investments

Since my last update, my investments increased with GBP 2,610 (1.19%), of which GBP 60,083 was from contributions, and GBP 165,235 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 6,086 (4.54%), of which GBP 39,390 was from contributions , and GBP 95,129 was from returns.

Since I started tracking, my total contributions have been GBP 68,824, and my total return is GBP 110,595.




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

If I quit working today, my monthly pay out would be GBP 2,242 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
2,242/month
(4.0% SWR)
1,961/month
(3.5% SWR)
1,681/month
(3.0% SWR)


When can I retire?

FI date

My age

38

I am currently aiming to save/invest approximately GBP 3,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,400,000 in 3 years and 10 months, in , and at that time I will be 38 years old.

By that time I will have invested/saved another GBP 294,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 433,369


Financial independence forecast