Net worth update per
This is beecho01's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was GBP -5,219 and my FI portfolio was GBP 2,658.
Net worth
GBP -5,219
FI portfolio
GBP 2,658
I am now 0.4% on my way to achive my FIRE target of GBP 750,000.
GBP 2,658 FIRE target: GBP 750,000
FI portfolio
My FI portfolio now consists of GBP 2,658 (100.0%) in retirement accounts, and GBP 0 (0.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 8 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
58
I am currently aiming to save/invest
approximately GBP
420
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 750,000
in 27 years and 7 months,
in , and at that time I will be
58 years old.
By that time I will have invested/saved
another GBP 173,040,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
574,302