Net worth update per January 31st 2021
This is goodegg'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 January 31st 2021, my net worth was GBP 46,945 and my FI portfolio was GBP 46,945.
Net worth
GBP 46,945
FI portfolio
GBP 46,945
I am now 9.4% on my way to achive my FIRE target of GBP 500,000.
GBP 46,945 FIRE target: GBP 500,000
FI portfolio
My FI portfolio now consists of GBP 38,838 (82.7%) in investments, and GBP 8,107 (17.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 156 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
September 2030
My age
37
I am currently aiming to save/invest
approximately GBP
2,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 500,000
in 5 years and 3 months,
in September 2030, and at that time I will be
37 years old.
By that time I will have invested/saved
another GBP 232,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
221,055