Net worth update per
This is ben'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 731,500 and my FI portfolio was GBP 264,000.
Net worth
GBP 731,500
FI portfolio
GBP 264,000
I am now 17.6% on my way to achive my FIRE target of GBP 1,500,000.
GBP 264,000 FIRE target: GBP 1,500,000
FI portfolio
My FI portfolio now consists of GBP 55,000 (20.8%) in investments, GBP 194,000 (73.5%) in retirement accounts, and GBP 15,000 (5.7%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 880 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
55
I am currently aiming to save/invest
approximately GBP
2,800
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,500,000
in 11 years and 2 months,
in , and at that time I will be
55 years old.
By that time I will have invested/saved
another GBP 439,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
796,400