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Net worth update per


This is alexfinance12's #5 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 54,753 and my FI portfolio decreased to GBP 55,431


Net worth

GBP 54,753

Since the last update on my net worth has decreased with GBP -5,319 ( -8.85 %).

FI portfolio

GBP 55,431

Since the last update on my FI portfolio has decreased with GBP -5,274 ( -8.69 %).

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 14,605 -4,629 9,976
Investments 33,956 -1,590 32,366
Retirement acc 12,144 +945 13,089
Real estate 0 0 0
Other assets 0 0 0
Total assets 60,705 -5,274 55,431

Mortgage 0 0 0
Other debt 633 + 45 678
Total debt 633 + 45 678
Change
Cash 13,664 -3,688 9,976
Investments 33,862 -1,496 32,366
Retirement acc 9,050 +4,039 13,089
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 -1,145 55,431

Mortgage 0 0 0
Other debt 365 + 313 678
Total debt 365 + 313 678
Change
Cash 13,664 -3,688 9,976
Investments 33,862 -1,496 32,366
Retirement acc 9,050 +4,039 13,089
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 -1,145 55,431

Mortgage 0 0 0
Other debt 365 + 313 678
Total debt 365 + 313 678

I am now 2.2% on my way to achive my FIRE target of GBP 2,500,000. This is -0.2 percentage points closer, compared to the last net worth update.

GBP 55,431 FIRE target: GBP 2,500,000


2.2%

FI portfolio

My FI portfolio now consists of GBP 32,366 (58.4%) in investments, GBP 13,089 (23.6%) in retirement accounts, and GBP 9,976 (18.0%) in cash.

Investments

Since my last update, my investments decreased with GBP -1,590 (-4.68%), 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 945 (7.78%), 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 184 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
184/month
(4.0% SWR)
161/month
(3.5% SWR)
138/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 9 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another GBP 505,800, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 1,938,769


Financial independence forecast