Net worth update per



This is my #41 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 12,449 and my FI portfolio increased to GBP 21,460


Net worth

GBP 12,449

Since the last update on my net worth has increased with GBP 803 (+ 6.9 %).

FI portfolio

GBP 21,460

Since the last update on my FI portfolio has increased with GBP 1,098 (+ 5.39 %).

Net worth
FI portfolio

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

I am now 2.9% 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 21,460 FIRE target: GBP 750,000


2.9%


FI portfolio


My FI portfolio now consists of GBP 4,469 (20.8%) in investments, GBP 16,968 (79.1%) in retirement accounts, and GBP 23 (0.1%) in cash.

Investments

Since my last update, my investments increased with GBP 121 (2.78%), of which GBP 208 was from contributions, and GBP -129 was from returns.

Since I started tracking, my total contributions have been GBP 4,649, and my total return has been GBP 429.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 954 (5.96%), of which GBP 319 was from contributions , and GBP -186 was from returns.

Since I started tracking, my total contributions have been GBP 12,898, and my total return is GBP 1,794.




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


If I quit working today, my monthly pay out would be GBP 71 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
71/month
(4.0% SWR)
62/month
(3.5% SWR)
53/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 0 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another GBP 115,670, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 612,870


Financial independence forecast