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Net worth update per


This is beecho01's #37 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 9,029 and my FI portfolio increased to GBP 18,747


Net worth

GBP 9,029

Since the last update on my net worth has increased with GBP 1,214 (+ 15.53 %).

FI portfolio

GBP 18,747

Since the last update on my FI portfolio has increased with GBP 1,275 (+ 7.3 %).

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 0 +100 100
Investments 3,083 +571 3,654
Retirement acc 14,389 +604 14,993
Real estate 0 0 0
Other assets 0 0 0
Total assets 17,472 +1,275 18,747

Mortgage 0 0 0
Other debt 9,657 + 61 9,718
Total debt 9,657 + 61 9,718
Change
Cash 0 +100 100
Investments 0 +3,654 3,654
Retirement acc 10,856 +4,137 14,993
Real estate 0 0 0
Other assets 0 0 0
Total assets 10,856 +7,891 18,747

Mortgage 0 0 0
Other debt 10,701 -983 9,718
Total debt 10,701 -983 9,718
Change
Cash 0 +100 100
Investments 0 +3,654 3,654
Retirement acc 2,658 +12,335 14,993
Real estate 0 0 0
Other assets 0 0 0
Total assets 2,658 +16,089 18,747

Mortgage 0 0 0
Other debt 7,877 + 1,841 9,718
Total debt 7,877 + 1,841 9,718

I am now 2.5% 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 18,747 FIRE target: GBP 750,000


2.5%

FI portfolio

My FI portfolio now consists of GBP 3,654 (19.5%) in investments, GBP 14,993 (80.0%) in retirement accounts, and GBP 100 (0.5%) in cash.

Investments

Since my last update, my investments increased with GBP 571 (18.52%).

Since I started tracking, my total contributions have been GBP 10,775, and my total return has been GBP -3,879.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 604 (4.2%), of which GBP 330 was from contributions , and GBP -110 was from returns.

Since I started tracking, my total contributions have been GBP 25,046, and my total return is GBP 6,469.




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

If I quit working today, my monthly pay out would be GBP 62 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
62/month
(4.0% SWR)
54/month
(3.5% SWR)
46/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 27 years and 5 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another GBP 159,180, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 572,073


Financial independence forecast