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 494,398 and my FI portfolio increased to GBP 494,398


Net worth

GBP 494,398

Since the last update on my net worth has increased with GBP 1,115 (+ 0.23 %).

FI portfolio

GBP 494,398

Since the last update on my FI portfolio has increased with GBP 1,115 (+ 0.23 %).

Net worth
FI portfolio

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

I am now 35.3% on my way to achive my FIRE target of GBP 1,400,000. This is 0.1 percentage points closer, compared to the last net worth update.

GBP 494,398 FIRE target: GBP 1,400,000


35.3%


FI portfolio


My FI portfolio now consists of GBP 328,425 (66.4%) in investments, GBP 66,860 (13.5%) in retirement accounts, and GBP 99,113 (20.0%) in cash.

Investments

Since my last update, my investments decreased with GBP -1,792 (-0.54%).

Retirement accounts

Since my last update, my retirement accounts increased with GBP 1,760 (2.7%), of which GBP 1,365 was from contributions , and GBP -1,155 was from returns.

Since I started tracking, my total contributions have been GBP 29,434, and my total return is GBP 66,056.




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


If I quit working today, my monthly pay out would be GBP 1,647 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,647/month
(4.0% SWR)
1,441/month
(3.5% SWR)
1,235/month
(3.0% SWR)


When can I retire?


FI date


My age

39

I am currently aiming to save/invest approximately GBP 3,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,400,000 in 7 years and 6 months, in , and at that time I will be 39 years old.

By that time I will have invested/saved another GBP 351,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 554,602


Financial independence forecast