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Net worth update per


This is alexfinance12's #10 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 77,697 and my FI portfolio increased to GBP 77,854


Net worth

GBP 77,697

Since the last update on my net worth has increased with GBP 3,548 (+ 4.78 %).

FI portfolio

GBP 77,854

Since the last update on my FI portfolio has increased with GBP 3,602 (+ 4.85 %).

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 10,398 +10,140 20,538
Investments 45,802 -6,475 39,327
Retirement acc 18,052 -63 17,989
Real estate 0 0 0
Other assets 0 0 0
Total assets 74,252 +3,602 77,854

Mortgage 0 0 0
Other debt 103 + 54 157
Total debt 103 + 54 157
Change
Cash 11,090 +9,448 20,538
Investments 39,760 -433 39,327
Retirement acc 15,539 +2,450 17,989
Real estate 0 0 0
Other assets 0 0 0
Total assets 66,389 +11,465 77,854

Mortgage 0 0 0
Other debt 404 -247 157
Total debt 404 -247 157
Change
Cash 13,664 +6,874 20,538
Investments 33,862 +5,465 39,327
Retirement acc 9,050 +8,939 17,989
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 +21,278 77,854

Mortgage 0 0 0
Other debt 365 -208 157
Total debt 365 -208 157

I am now 3.1% on my way to achive my FIRE target of GBP 2,500,000. This is 0.1 percentage points closer, compared to the last net worth update.

GBP 77,854 FIRE target: GBP 2,500,000


3.1%

FI portfolio

My FI portfolio now consists of GBP 39,327 (50.5%) in investments, GBP 17,989 (23.1%) in retirement accounts, and GBP 20,538 (26.4%) in cash.

Investments

Since my last update, my investments decreased with GBP -6,475 (-14.14%), 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 decreased with GBP -63 (-0.35%), 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 259 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
259/month
(4.0% SWR)
227/month
(3.5% SWR)
194/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 8 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another GBP 495,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 1,927,146


Financial independence forecast