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Net worth update per


This is crazy's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 735,000 and my FI portfolio increased to GBP 589,000


Net worth

GBP 735,000

Since the last update on my net worth has increased with GBP 145,000 (+ 24.58 %).

FI portfolio

GBP 589,000

Since the last update on my FI portfolio has increased with GBP 144,000 (+ 32.36 %).

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 317,000 +110,000 427,000
Investments 56,000 +3,000 59,000
Retirement acc 72,000 +31,000 103,000
Real estate 210,000 0 210,000
Other assets 30,000 0 30,000
Total assets 685,000 +144,000 829,000

Mortgage 95,000 -1,000 94,000
Other debt 0 0 0
Total debt 95,000 -1,000 94,000
Change
Cash 317,000 +110,000 427,000
Investments 56,000 +3,000 59,000
Retirement acc 72,000 +31,000 103,000
Real estate 210,000 0 210,000
Other assets 30,000 0 30,000
Total assets 685,000 +144,000 829,000

Mortgage 95,000 -1,000 94,000
Other debt 0 0 0
Total debt 95,000 -1,000 94,000
Change
Cash 70,000 +357,000 427,000
Investments 0 +59,000 59,000
Retirement acc 4,000 +99,000 103,000
Real estate 161,250 + 48,750 210,000
Other assets 0 + 30,000 30,000
Total assets 235,250 +593,750 829,000

Mortgage 137,250 -43,250 94,000
Other debt 0 0 0
Total debt 137,250 -43,250 94,000

I am now 31.2% on my way to achive my FIRE target of GBP 1,888,888. This is 7.6 percentage points closer, compared to the last net worth update.

GBP 589,000 FIRE target: GBP 1,888,888


31.2%

FI portfolio

My FI portfolio now consists of GBP 59,000 (10.0%) in investments, GBP 103,000 (17.5%) in retirement accounts, and GBP 427,000 (72.5%) in cash.

Investments

Since my last update, my investments increased with GBP 3,000 (5.36%).

Retirement accounts

Since my last update, my retirement accounts increased with GBP 31,000 (43.06%).




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

If I quit working today, my monthly pay out would be GBP 1,963 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,963/month
(4.0% SWR)
1,717/month
(3.5% SWR)
1,472/month
(3.0% SWR)


When can I retire?

FI date

My age

44

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 1,888,888 in 15 years and 10 months, in , and at that time I will be 44 years old.

By that time I will have invested/saved another GBP 542,500, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 757,388


Financial independence forecast