Net worth update per



This is my #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 222,964 and my FI portfolio increased to GBP 122,464


Net worth

GBP 222,964

Since the last update on my net worth has increased with GBP 2,795 (+ 1.27 %).

FI portfolio

GBP 122,464

Since the last update on my FI portfolio has increased with GBP 1,170 (+ 0.96 %).

Net worth
FI portfolio

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

I am now 12.2% on my way to achive my FIRE target of GBP 1,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

GBP 122,464 FIRE target: GBP 1,000,000


12.2%


FI portfolio


My FI portfolio now consists of GBP 17,339 (14.2%) in investments, GBP 40,566 (33.1%) in retirement accounts, and GBP 64,559 (52.7%) in cash.

Investments

Since my last update, my investments increased with GBP 1,617 (10.28%), of which GBP 1,500 was from contributions, and GBP 117 was from returns.

Since I started tracking, my total contributions have been GBP 13,500, and my total return has been GBP 3,639.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 476 (1.19%), of which GBP 607 was from contributions , and GBP -131 was from returns.

Since I started tracking, my total contributions have been GBP 17,138, and my total return is GBP 8,239.




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


If I quit working today, my monthly pay out would be GBP 408 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
408/month
(4.0% SWR)
357/month
(3.5% SWR)
306/month
(3.0% SWR)


When can I retire?


FI date


My age

58

I am currently aiming to save/invest approximately GBP 1,300 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 19 years and 9 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another GBP 310,700, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 566,836


Financial independence forecast