This is cybernaut'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 , my net worth was GBP 631,000 and my FI portfolio was GBP 378,000.
I am now 30.2% on my way to achive my FIRE target of GBP 1,250,000.
My FI portfolio now consists of GBP 89,000 (23.5%) in investments, GBP 283,000 (74.9%) in retirement accounts, and GBP 6,000 (1.6%) in cash.
If I quit working today, my monthly pay out would be GBP 1,260 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
3,470
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,250,000
in 1 years and 10 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another GBP 312,300,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
559,700