This is my 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 2019-09-29T00:00:00Z, my net worth was GBP 520,000 and my FI portfolio was GBP 297,000.
I am now 29.7% on my way to achive my FIRE target of GBP 1,000,000.
My FI portfolio now consists of GBP 89,000 (30.0%) in investments, GBP 202,000 (68.0%) in retirement accounts, and GBP 6,000 (2.0%) in cash.
If I quit working today, my monthly pay out would be GBP 990 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 12% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 6 years and 4 months, in 2026-11-29T00:00:00Z, and at that time I will be 49 years old.
By that time I will have invested/saved another GBP 197,800, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 505,200