Net worth update per



This is my #9 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 242,169 and my FI portfolio decreased to GBP 242,169


Net worth

GBP 242,169

Since the last update on my net worth has decreased with GBP -3,382 ( -1.38 %).

FI portfolio

GBP 242,169

Since the last update on my FI portfolio has decreased with GBP -3,482 ( -1.42 %).

Net worth
FI portfolio

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

I am now 24.2% on my way to achive my FIRE target of GBP 1,000,000. This is -0.3 percentage points closer, compared to the last net worth update.

GBP 242,169 FIRE target: GBP 1,000,000


24.2%


FI portfolio


My FI portfolio now consists of GBP 85,702 (35.4%) in investments, GBP 58,684 (24.2%) in retirement accounts, and GBP 97,783 (40.4%) in cash.

Investments

Since my last update, my investments decreased with GBP -6,221 (-6.77%), of which GBP 1,000 was from contributions, and GBP 17,508 was from returns.

Since I started tracking, my total contributions have been GBP 1,000, and my total return has been GBP 45,502.

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -2,493 (-4.08%), of which GBP 1,455 was from contributions , and GBP 864 was from returns.

Since I started tracking, my total contributions have been GBP 1,455, and my total return is GBP 22,644.




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


If I quit working today, my monthly pay out would be GBP 807 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
807/month
(4.0% SWR)
706/month
(3.5% SWR)
605/month
(3.0% SWR)


When can I retire?


FI date


My age

61

I am currently aiming to save/invest approximately GBP 1,250 each month.

Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 19 years and 0 months, in , and at that time I will be 61 years old.

By that time I will have invested/saved another GBP 287,500, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 470,331


Financial independence forecast