Net worth update per



This is my #33 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 5,495 and my FI portfolio increased to GBP 15,469


Net worth

GBP 5,495

Since the last update on my net worth has increased with GBP 437 (+ 8.64 %).

FI portfolio

GBP 15,469

Since the last update on my FI portfolio has increased with GBP 1,278 (+ 9.01 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.

I am now 2.1% on my way to achive my FIRE target of GBP 750,000. This is 0.2 percentage points closer, compared to the last net worth update.

GBP 15,469 FIRE target: GBP 750,000


2.1%


FI portfolio


My FI portfolio now consists of GBP 2,364 (15.3%) in investments, GBP 13,105 (84.7%) in retirement accounts, and GBP 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with GBP 607 (34.55%), of which GBP 170 was from contributions, and GBP -114 was from returns.

Since I started tracking, my total contributions have been GBP 3,212, and my total return has been GBP 499.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 671 (5.4%), of which GBP 320 was from contributions , and GBP -128 was from returns.

Since I started tracking, my total contributions have been GBP 10,660, and my total return is GBP 1,867.




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


If I quit working today, my monthly pay out would be GBP 51 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
51/month
(4.0% SWR)
45/month
(3.5% SWR)
38/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately GBP 430 each month.

Assuming an annual return of 11% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 750,000 in 22 years and 9 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another GBP 119,970, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 614,561


Financial independence forecast