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Net worth update per


This is alexfinance12's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 63,685 and my FI portfolio increased to GBP 63,900


Net worth

GBP 63,685

Since the last update on my net worth has increased with GBP 8,572 (+ 15.55 %).

FI portfolio

GBP 63,900

Since the last update on my FI portfolio has increased with GBP 8,575 (+ 15.5 %).

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 8,972 +1,625 10,597
Investments 32,319 +6,005 38,324
Retirement acc 14,034 +945 14,979
Real estate 0 0 0
Other assets 0 0 0
Total assets 55,325 +8,575 63,900

Mortgage 0 0 0
Other debt 212 + 3 215
Total debt 212 + 3 215
Change
Cash 13,664 -3,067 10,597
Investments 33,862 +4,462 38,324
Retirement acc 9,050 +5,929 14,979
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 +7,324 63,900

Mortgage 0 0 0
Other debt 365 -150 215
Total debt 365 -150 215
Change
Cash 13,664 -3,067 10,597
Investments 33,862 +4,462 38,324
Retirement acc 9,050 +5,929 14,979
Real estate 0 0 0
Other assets 0 0 0
Total assets 56,576 +7,324 63,900

Mortgage 0 0 0
Other debt 365 -150 215
Total debt 365 -150 215

I am now 2.6% 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 63,900 FIRE target: GBP 2,500,000


2.6%

FI portfolio

My FI portfolio now consists of GBP 38,324 (60.0%) in investments, GBP 14,979 (23.4%) in retirement accounts, and GBP 10,597 (16.6%) in cash.

Investments

Since my last update, my investments increased with GBP 6,005 (18.58%), 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 (6.73%), 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 213 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
213/month
(4.0% SWR)
186/month
(3.5% SWR)
159/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 500,400, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 1,935,700


Financial independence forecast