Net worth update per


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


Net worth

GBP 961,200

Since the last update on my net worth has increased with GBP 49,300 (+ 5.41 %).

FI portfolio

GBP 387,800

Since the last update on my FI portfolio has increased with GBP 29,300 (+ 8.17 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
Change
Cash 3,000 +22,000 25,000
Investments 78,000 +2,000 80,000
Retirement acc 277,500 +5,300 282,800
Real estate 1,345,000 + 15,000 1,360,000
Other assets 145,000 + 5,000 150,000
Total assets 1,848,500 +49,300 1,897,800

Mortgage 936,600 0 936,600
Other debt 0 0 0
Total debt 936,600 0 936,600
Change
Cash 32,000 -7,000 25,000
Investments 71,222 +8,778 80,000
Retirement acc 264,150 +18,650 282,800
Real estate 1,360,000 0 1,360,000
Other assets 140,000 + 10,000 150,000
Total assets 1,867,372 +30,428 1,897,800

Mortgage 940,000 -3,400 936,600
Other debt 0 0 0
Total debt 940,000 -3,400 936,600
Change
Cash 10,000 +15,000 25,000
Investments 0 +80,000 80,000
Retirement acc 200,000 +82,800 282,800
Real estate 1,230,000 + 130,000 1,360,000
Other assets 110,000 + 40,000 150,000
Total assets 1,550,000 +347,800 1,897,800

Mortgage 996,000 -59,400 936,600
Other debt 0 0 0
Total debt 996,000 -59,400 936,600

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.

GBP 387,800 FIRE target: GBP 3,000,000


12.9%

FI portfolio

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.

Investments

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.

Retirement accounts

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.




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

If I quit working today, my monthly pay out would be GBP 1,292 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,292/month
(4.0% SWR)
1,131/month
(3.5% SWR)
969/month
(3.0% SWR)


When can I retire?

FI date

My age

52

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


Financial independence forecast