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Net worth update per


This is _o_'s #76 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 36,574 and my FI portfolio increased to GBP 10,278


Net worth

GBP 36,574

Since the last update on my net worth has increased with GBP 1,601 (+ 4.58 %).

FI portfolio

GBP 10,278

Since the last update on my FI portfolio has increased with GBP 200 (+ 1.98 %).

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 3,778 0 3,778
Investments 0 0 0
Retirement acc 6,300 +200 6,500
Real estate 107,237 + 1,184 108,421
Other assets 0 0 0
Total assets 117,315 +1,384 118,699

Mortgage 82,342 -217 82,125
Other debt 0 0 0
Total debt 82,342 -217 82,125
Change
Cash 3,778 0 3,778
Investments 0 0 0
Retirement acc 5,696 +804 6,500
Real estate 103,684 + 4,737 108,421
Other assets 0 0 0
Total assets 113,158 +5,541 118,699

Mortgage 82,999 -874 82,125
Other debt 1,939 -1,939 0
Total debt 84,938 -2,813 82,125
Change
Cash 83 +3,695 3,778
Investments 0 0 0
Retirement acc 0 +6,500 6,500
Real estate 0 + 108,421 108,421
Other assets 0 0 0
Total assets 83 +118,616 118,699

Mortgage 0 82,125 82,125
Other debt 0 0 0
Total debt 0 + 82,125 82,125

I am now 0.8% on my way to achive my FIRE target of GBP 1,260,000. This is 0.0 percentage points closer, compared to the last net worth update.

GBP 10,278 FIRE target: GBP 1,260,000


0.8%

FI portfolio

My FI portfolio now consists of GBP 6,500 (63.2%) in retirement accounts, and GBP 3,778 (36.8%) in cash.

Investments

Since my last update, my investments decreased with GBP 0 (0%).

Retirement accounts

Since my last update, my retirement accounts increased with GBP 200 (3.17%).




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

If I quit working today, my monthly pay out would be GBP 34 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
34/month
(4.0% SWR)
29/month
(3.5% SWR)
25/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately GBP 2,600 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,260,000 in 13 years and 10 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another GBP 590,200, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 659,522


Financial independence forecast