Net worth update per



This is my #40 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 11,983 and my FI portfolio increased to GBP 20,611


Net worth

GBP 11,983

Since the last update on my net worth has increased with GBP 982 (+ 8.93 %).

FI portfolio

GBP 20,611

Since the last update on my FI portfolio has increased with GBP 782 (+ 3.94 %).

Net worth
FI portfolio

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

I am now 2.7% on my way to achive my FIRE target of GBP 750,000. This is 0.1 percentage points closer, compared to the last net worth update.

GBP 20,611 FIRE target: GBP 750,000


2.7%


FI portfolio


My FI portfolio now consists of GBP 4,353 (21.1%) in investments, GBP 16,258 (78.9%) in retirement accounts, and GBP 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with GBP 205 (4.94%), of which GBP 94 was from contributions, and GBP 111 was from returns.

Since I started tracking, my total contributions have been GBP 3,795, and my total return has been GBP 558.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 577 (3.68%), of which GBP 320 was from contributions , and GBP 257 was from returns.

Since I started tracking, my total contributions have been GBP 11,300, and my total return is GBP 2,300.




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


If I quit working today, my monthly pay out would be GBP 68 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
68/month
(4.0% SWR)
60/month
(3.5% SWR)
51/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 5 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another GBP 116,100, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 613,289


Financial independence forecast