Net worth update per
This is imjared's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was GBP 22,955 and my FI portfolio was GBP 22,955.
Net worth
GBP 22,955
FI portfolio
GBP 22,955
I am now 4.6% on my way to achive my FIRE target of GBP 500,000.
GBP 22,955 FIRE target: GBP 500,000
FI portfolio
My FI portfolio now consists of GBP 11,352 (49.5%) in investments, GBP 7,392 (32.2%) in retirement accounts, and GBP 4,211 (18.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 76 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
40
I am currently aiming to save/invest
approximately GBP
2,100
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 500,000
in 8 years and 7 months,
in , and at that time I will be
40 years old.
By that time I will have invested/saved
another GBP 294,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
183,045