Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 39,275 and my FI portfolio increased to GBP 37,275


Net worth

GBP 39,275

Since the last update on my net worth has increased with GBP 2,000 (+ 5.37 %).

FI portfolio

GBP 37,275

Since the last update on my FI portfolio has increased with GBP 2,000 (+ 5.67 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.

I am now 5.7% on my way to achive my FIRE target of GBP 650,000. This is 0.3 percentage points closer, compared to the last net worth update.

GBP 37,275 FIRE target: GBP 650,000


5.7%


FI portfolio


My FI portfolio now consists of GBP 20,000 (53.7%) in investments, GBP 15,000 (40.2%) in retirement accounts, and GBP 2,275 (6.1%) in cash.

Investments

Since my last update, my investments increased with GBP 1,000 (5.26%), of which GBP 900 was from contributions, and GBP 100 was from returns.

Since I started tracking, my total contributions have been GBP 900, and my total return has been GBP 100.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 1,000 (7.14%), of which GBP 1,200 was from contributions , and GBP -200 was from returns.

Since I started tracking, my total contributions have been GBP 1,200, and my total return is GBP -200.




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


If I quit working today, my monthly pay out would be GBP 124 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
124/month
(4.0% SWR)
108/month
(3.5% SWR)
93/month
(3.0% SWR)


When can I retire?


FI date


My age

48

I am currently aiming to save/invest approximately GBP 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 650,000 in 19 years and 11 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another GBP 121,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 491,725


Financial independence forecast