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Net worth update per


This is Keepitreal's #17 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 1,012,000 and my FI portfolio increased to GBP 458,000


Net worth

GBP 1,012,000

Since the last update on my net worth has decreased with GBP -900 ( -0.09 %).

FI portfolio

GBP 458,000

Since the last update on my FI portfolio has increased with GBP 21,400 (+ 4.9 %).

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 53,000 -3,000 50,000
Investments 98,600 +6,400 105,000
Retirement acc 285,000 +18,000 303,000
Real estate 1,360,000 -25,000 1,335,000
Other assets 150,000 0 150,000
Total assets 1,946,600 -3,600 1,943,000

Mortgage 933,700 -2,700 931,000
Other debt 0 0 0
Total debt 933,700 -2,700 931,000
Change
Cash 32,000 +18,000 50,000
Investments 71,222 +33,778 105,000
Retirement acc 264,150 +38,850 303,000
Real estate 1,360,000 -25,000 1,335,000
Other assets 140,000 + 10,000 150,000
Total assets 1,867,372 +75,628 1,943,000

Mortgage 940,000 -9,000 931,000
Other debt 0 0 0
Total debt 940,000 -9,000 931,000
Change
Cash 10,000 +40,000 50,000
Investments 0 +105,000 105,000
Retirement acc 200,000 +103,000 303,000
Real estate 1,230,000 + 105,000 1,335,000
Other assets 110,000 + 40,000 150,000
Total assets 1,550,000 +393,000 1,943,000

Mortgage 996,000 -65,000 931,000
Other debt 0 0 0
Total debt 996,000 -65,000 931,000

I am now 22.9% on my way to achive my FIRE target of GBP 2,000,000. This is 1.1 percentage points closer, compared to the last net worth update.

GBP 458,000 FIRE target: GBP 2,000,000


22.9%

FI portfolio

My FI portfolio now consists of GBP 105,000 (22.9%) in investments, GBP 303,000 (66.2%) in retirement accounts, and GBP 50,000 (10.9%) in cash.

Investments

Since my last update, my investments increased with GBP 6,400 (6.49%).

Since I started tracking, my total contributions have been GBP 20,000, and my total return has been GBP 146,500.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 18,000 (6.32%).

Since I started tracking, my total contributions have been GBP 4,000, and my total return is GBP 174,000.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be GBP 1,526 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,526/month
(4.0% SWR)
1,335/month
(3.5% SWR)
1,145/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately GBP 7,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 2,000,000 in 6 years and 6 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another GBP 805,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 737,000


Financial independence forecast