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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


0.4%

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)
8/month
(4.0% SWR)
7/month
(3.5% SWR)
6/month
(3.0% SWR)


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 28 years and 8 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


Financial independence forecast