Net worth update per



This is my #37 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 9,030 and my FI portfolio increased to GBP 18,748


Net worth

GBP 9,030

Since the last update on my net worth has increased with GBP 1,215 (+ 15.55 %).

FI portfolio

GBP 18,748

Since the last update on my FI portfolio has increased with GBP 1,276 (+ 7.3 %).

Net worth
FI portfolio

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

I am now 2.5% 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 18,748 FIRE target: GBP 750,000


2.5%


FI portfolio


My FI portfolio now consists of GBP 3,655 (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 572 (18.55%), 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 604 (4.2%), 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 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

49

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 8 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another GBP 117,820, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 613,432


Financial independence forecast