Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 24,322 and my FI portfolio increased to GBP 24,322


Net worth

GBP 24,322

Since the last update on my net worth has increased with GBP 1,367 (+ 5.96 %).

FI portfolio

GBP 24,322

Since the last update on my FI portfolio has increased with GBP 1,367 (+ 5.96 %).

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.

I am now 2.4% on my way to achive my FIRE target of GBP 1,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

GBP 24,322 FIRE target: GBP 1,000,000


2.4%


FI portfolio


My FI portfolio now consists of GBP 10,745 (44.2%) in investments, GBP 7,742 (31.8%) in retirement accounts, and GBP 5,835 (24.0%) in cash.

Investments

Since my last update, my investments decreased with GBP -607 (-5.35%), of which GBP 425 was from contributions, and GBP -1,983 was from returns.

Since I started tracking, my total contributions have been GBP 958, and my total return has been GBP -3,123.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 350 (4.73%), of which GBP 853 was from contributions , and GBP -162 was from returns.

Since I started tracking, my total contributions have been GBP 1,279, and my total return is GBP -238.




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


If I quit working today, my monthly pay out would be GBP 81 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
81/month
(4.0% SWR)
70/month
(3.5% SWR)
60/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 653,438


Financial independence forecast