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Net worth update per


This is chinook's #35 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 509,889 and my FI portfolio increased to GBP 509,889


Net worth

GBP 509,889

Since the last update on my net worth has increased with GBP 33,103 (+ 6.94 %).

FI portfolio

GBP 509,889

Since the last update on my FI portfolio has increased with GBP 33,103 (+ 6.94 %).

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 89,332 +14,755 104,087
Investments 122,808 +11,287 134,095
Retirement acc 264,646 +7,061 271,707
Real estate 0 0 0
Other assets 0 0 0
Total assets 476,786 +33,103 509,889

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 88,128 +15,959 104,087
Investments 116,523 +17,572 134,095
Retirement acc 170,330 +101,377 271,707
Real estate 0 0 0
Other assets 0 0 0
Total assets 374,981 +134,908 509,889

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 +4,087 104,087
Investments 20,000 +114,095 134,095
Retirement acc 52,800 +218,907 271,707
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +337,089 509,889

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

I am now 51.0% on my way to achive my FIRE target of GBP 1,000,000. This is 3.3 percentage points closer, compared to the last net worth update.

GBP 509,889 FIRE target: GBP 1,000,000


51.0%

FI portfolio

My FI portfolio now consists of GBP 134,095 (26.3%) in investments, GBP 271,707 (53.3%) in retirement accounts, and GBP 104,087 (20.4%) in cash.

Investments

Since my last update, my investments increased with GBP 11,287 (9.19%), 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 increased with GBP 7,061 (2.67%), 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 1,699 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,699/month
(4.0% SWR)
1,487/month
(3.5% SWR)
1,274/month
(3.0% SWR)


When can I retire?

FI date

My age

50

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 5 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another GBP 295,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 195,111


Financial independence forecast