This is my #14 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 961,200 and my FI portfolio increased to GBP 387,800
I am now 12.9% on my way to achive my FIRE target of GBP 3,000,000. This is 1.0 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of GBP 80,000 (20.6%) in investments, GBP 282,800 (72.9%) in retirement accounts, and GBP 25,000 (6.4%) in cash.
Since my last update, my investments
increased
with GBP 2,000
(2.56%).
Since I started tracking, my total contributions have been
GBP
20,000,
and my total return has been
GBP
85,000.
Since my last update, my retirement accounts
increased
with GBP 5,300
(1.91%).
Since I started tracking, my total contributions have been
GBP
4,000,
and my total return is
GBP
99,000.
If I quit working today, my monthly pay out would be GBP 1,292 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
8,500
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 3,000,000
in 12 years and 6 months,
in , and at that time I will be
52 years old.
By that time I will have invested/saved
another GBP 1,300,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
1,311,700