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Net worth update per


This is chinook's #33 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 460,834 and my FI portfolio decreased to GBP 460,834


Net worth

GBP 460,834

Since the last update on my net worth has decreased with GBP -3,383 ( -0.73 %).

FI portfolio

GBP 460,834

Since the last update on my FI portfolio has decreased with GBP -3,383 ( -0.73 %).

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 89,686 +90 89,776
Investments 116,957 +686 117,643
Retirement acc 257,574 -4,159 253,415
Real estate 0 0 0
Other assets 0 0 0
Total assets 464,217 -3,383 460,834

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 88,128 +1,648 89,776
Investments 116,523 +1,120 117,643
Retirement acc 170,330 +83,085 253,415
Real estate 0 0 0
Other assets 0 0 0
Total assets 374,981 +85,853 460,834

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 -10,224 89,776
Investments 20,000 +97,643 117,643
Retirement acc 52,800 +200,615 253,415
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +288,034 460,834

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 46.1% on my way to achive my FIRE target of GBP 1,000,000. This is -0.3 percentage points closer, compared to the last net worth update.

GBP 460,834 FIRE target: GBP 1,000,000


46.1%

FI portfolio

My FI portfolio now consists of GBP 117,643 (25.5%) in investments, GBP 253,415 (55.0%) in retirement accounts, and GBP 89,776 (19.5%) in cash.

Investments

Since my last update, my investments increased with GBP 686 (0.59%), of which GBP 100 was from contributions, and GBP -13,738 was from returns.

Since I started tracking, my total contributions have been GBP 157,236, and my total return has been GBP 18,448.

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -4,159 (-1.61%), of which GBP 3,841 was from contributions , and GBP -38,284 was from returns.

Since I started tracking, my total contributions have been GBP 349,928, and my total return is GBP 158,924.




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

If I quit working today, my monthly pay out would be GBP 1,536 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,536/month
(4.0% SWR)
1,344/month
(3.5% SWR)
1,152/month
(3.0% SWR)


When can I retire?

FI date

My age

51

I am currently aiming to save/invest approximately GBP 5,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 1 years and 10 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another GBP 330,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 209,166


Financial independence forecast