Net worth update per
This is RedKing's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 65,423 and my FI portfolio increased to GBP 60,840
Net worth
GBP 65,423
Since the last update on my net worth has increased with GBP 55,636 (+ 568.47 %).
FI portfolio
GBP 60,840
Since the last update on my FI portfolio has increased with GBP 34,153 (+ 127.98 %).
And the development and changes between each net worth reporting is shown in the tables below.
The changes for each asset class is shown in the table below. All numbers are in GBP.
I am now 9.7% on my way to achive my FIRE target of GBP 625,000. This is 5.5 percentage points closer, compared to the last net worth update.
GBP 60,840 FIRE target: GBP 625,000
FI portfolio
My FI portfolio now consists of GBP 10,500 (17.3%) in investments, GBP 30,000 (49.3%) in retirement accounts, and GBP 20,340 (33.4%) in cash.
Since my last update, my investments increased with GBP 9,000 (600.0%).
Since my last update, my retirement accounts increased with GBP 19,117 (175.66%).
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 202 for the rest of my life.
Monthly SWR amount
Retire today with (GBP)
When can I retire?
FI date
My age
49
I am currently aiming to save/invest
approximately GBP
1,500
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 625,000
in 12 years and 1 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another GBP 291,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
273,160