Net worth update per



This is my #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 587,500 and my FI portfolio increased to GBP 445,000


Net worth

GBP 587,500

Since the last update on my net worth has increased with GBP 55,334 (+ 10.4 %).

FI portfolio

GBP 445,000

Since the last update on my FI portfolio has increased with GBP 42,334 (+ 10.51 %).

Net worth
FI portfolio

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

I am now 23.6% on my way to achive my FIRE target of GBP 1,888,000. This is 2.2 percentage points closer, compared to the last net worth update.

GBP 445,000 FIRE target: GBP 1,888,000


23.6%


FI portfolio


My FI portfolio now consists of GBP 56,000 (12.6%) in investments, GBP 72,000 (16.2%) in retirement accounts, and GBP 317,000 (71.2%) in cash.

Investments

Since my last update, my investments increased with GBP 667 (1.21%).

Retirement accounts

Since my last update, my retirement accounts increased with GBP 41,667 (137.37%).




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


If I quit working today, my monthly pay out would be GBP 1,483 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,483/month
(4.0% SWR)
1,297/month
(3.5% SWR)
1,112/month
(3.0% SWR)


When can I retire?


FI date


My age

46

I am currently aiming to save/invest approximately GBP 2,500 each month.

Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,888,000 in 20 years and 3 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another GBP 610,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 833,000


Financial independence forecast