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Net worth update per


This is alexfinance12's #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 55,113 and my FI portfolio decreased to GBP 55,325


Net worth

GBP 55,113

Since the last update on my net worth has increased with GBP 360 (+ 0.66 %).

FI portfolio

GBP 55,325

Since the last update on my FI portfolio has decreased with GBP -106 ( -0.19 %).

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 9,976 -1,004 8,972
Investments 32,366 -47 32,319
Retirement acc 13,089 +945 14,034
Real estate 0 0 0
Other assets 0 0 0
Total assets 55,431 -106 55,325

Mortgage 0 0 0
Other debt 678 -466 212
Total debt 678 -466 212
Change
Cash 13,664 -4,692 8,972
Investments 33,862 -1,543 32,319
Retirement acc 9,050 +4,984 14,034
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 -1,251 55,325

Mortgage 0 0 0
Other debt 365 -153 212
Total debt 365 -153 212
Change
Cash 13,664 -4,692 8,972
Investments 33,862 -1,543 32,319
Retirement acc 9,050 +4,984 14,034
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 -1,251 55,325

Mortgage 0 0 0
Other debt 365 -153 212
Total debt 365 -153 212

I am now 2.2% on my way to achive my FIRE target of GBP 2,500,000. This is -0.0 percentage points closer, compared to the last net worth update.

GBP 55,325 FIRE target: GBP 2,500,000


2.2%

FI portfolio

My FI portfolio now consists of GBP 32,319 (58.4%) in investments, GBP 14,034 (25.4%) in retirement accounts, and GBP 8,972 (16.2%) in cash.

Investments

Since my last update, my investments decreased with GBP -47 (-0.15%), 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 (7.22%), 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

50

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 10 months, in , and at that time I will be 50 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 1,938,875


Financial independence forecast