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Net worth update per


This is alexfinance12's #9 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 74,149 and my FI portfolio increased to GBP 74,252


Net worth

GBP 74,149

Since the last update on my net worth has increased with GBP 8,164 (+ 12.37 %).

FI portfolio

GBP 74,252

Since the last update on my FI portfolio has increased with GBP 7,863 (+ 11.84 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
Change
Cash 11,090 -692 10,398
Investments 39,760 +6,042 45,802
Retirement acc 15,539 +2,513 18,052
Real estate 0 0 0
Other assets 0 0 0
Total assets 66,389 +7,863 74,252

Mortgage 0 0 0
Other debt 404 -301 103
Total debt 404 -301 103
Change
Cash 11,090 -692 10,398
Investments 39,760 +6,042 45,802
Retirement acc 15,539 +2,513 18,052
Real estate 0 0 0
Other assets 0 0 0
Total assets 66,389 +7,863 74,252

Mortgage 0 0 0
Other debt 404 -301 103
Total debt 404 -301 103
Change
Cash 13,664 -3,266 10,398
Investments 33,862 +11,940 45,802
Retirement acc 9,050 +9,002 18,052
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 +17,676 74,252

Mortgage 0 0 0
Other debt 365 -262 103
Total debt 365 -262 103

I am now 3.0% on my way to achive my FIRE target of GBP 2,500,000. This is 0.3 percentage points closer, compared to the last net worth update.

GBP 74,252 FIRE target: GBP 2,500,000


3.0%

FI portfolio

My FI portfolio now consists of GBP 45,802 (61.7%) in investments, GBP 18,052 (24.3%) in retirement accounts, and GBP 10,398 (14.0%) in cash.

Investments

Since my last update, my investments increased with GBP 6,042 (15.2%), of which GBP 6,581 was from contributions, and GBP 1,393 was from returns.

Since I started tracking, my total contributions have been GBP 14,074, and my total return has been GBP -635.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 2,513 (16.17%), of which GBP 875 was from contributions , and GBP 10 was from returns.

Since I started tracking, my total contributions have been GBP 7,750, and my total return is GBP 2,074.




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

If I quit working today, my monthly pay out would be GBP 247 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
247/month
(4.0% SWR)
216/month
(3.5% SWR)
185/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately GBP 1,800 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 2,500,000 in 18 years and 5 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another GBP 491,400, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 1,934,348


Financial independence forecast