Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is _o_'s #83 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 47,703 and my FI portfolio increased to GBP 11,578


Net worth

GBP 47,703

Since the last update on my net worth has increased with GBP 1,604 (+ 3.48 %).

FI portfolio

GBP 11,578

Since the last update on my FI portfolio has increased with GBP 200 (+ 1.76 %).

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 7,600 +200 7,800
Real estate 115,526 + 1,185 116,711
Other assets 0 0 0
Total assets 126,904 +1,385 128,289

Mortgage 80,805 -219 80,586
Other debt 0 0 0
Total debt 80,805 -219 80,586
Change
Cash 3,778 0 3,778
Investments 0 0 0
Retirement acc 5,696 +2,104 7,800
Real estate 103,684 + 13,027 116,711
Other assets 0 0 0
Total assets 113,158 +15,131 128,289

Mortgage 82,999 -2,413 80,586
Other debt 1,939 -1,939 0
Total debt 84,938 -4,352 80,586
Change
Cash 83 +3,695 3,778
Investments 0 0 0
Retirement acc 0 +7,800 7,800
Real estate 0 + 116,711 116,711
Other assets 0 0 0
Total assets 83 +128,206 128,289

Mortgage 0 80,586 80,586
Other debt 0 0 0
Total debt 0 + 80,586 80,586

I am now 1.9% on my way to achive my FIRE target of GBP 625,000. This is 0.0 percentage points closer, compared to the last net worth update.

GBP 11,578 FIRE target: GBP 625,000


1.9%

FI portfolio

My FI portfolio now consists of GBP 7,800 (67.4%) in retirement accounts, and GBP 3,778 (32.6%) 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 (2.63%).




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

If I quit working today, my monthly pay out would be GBP 38 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
38/month
(4.0% SWR)
33/month
(3.5% SWR)
28/month
(3.0% SWR)


When can I retire?

FI date

My age

44

I am currently aiming to save/invest approximately GBP 1,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 625,000 in 17 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 255,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 358,422


Financial independence forecast