Net worth update per



This is my 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 2.3% on my way to achive my FIRE target of GBP 1,000,000.

GBP 22,955 FIRE target: GBP 1,000,000


2.3%

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)
76/month
(4.0% SWR)
66/month
(3.5% SWR)
57/month
(3.0% SWR)


When can I retire?


FI date


My age

54

I am currently aiming to save/invest approximately GBP 1,060 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 25 years and 1 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another GBP 322,240, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 654,805


Financial independence forecast