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Net worth update per


This is imjared's #3 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 22,314 and my FI portfolio decreased to GBP 22,314


Net worth

GBP 22,314

Since the last update on my net worth has decreased with GBP -2,008 ( -8.26 %).

FI portfolio

GBP 22,314

Since the last update on my FI portfolio has decreased with GBP -2,008 ( -8.26 %).

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 5,835 -1,141 4,694
Investments 10,745 -1,558 9,187
Retirement acc 7,742 +691 8,433
Real estate 0 0 0
Other assets 0 0 0
Total assets 24,322 -2,008 22,314

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 4,211 +483 4,694
Investments 11,352 -2,165 9,187
Retirement acc 7,392 +1,041 8,433
Real estate 0 0 0
Other assets 0 0 0
Total assets 22,955 -641 22,314

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 4,211 +483 4,694
Investments 11,352 -2,165 9,187
Retirement acc 7,392 +1,041 8,433
Real estate 0 0 0
Other assets 0 0 0
Total assets 22,955 -641 22,314

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 4.5% on my way to achive my FIRE target of GBP 500,000. This is -0.4 percentage points closer, compared to the last net worth update.

GBP 22,314 FIRE target: GBP 500,000


4.5%

FI portfolio

My FI portfolio now consists of GBP 9,187 (41.2%) in investments, GBP 8,433 (37.8%) in retirement accounts, and GBP 4,694 (21.0%) in cash.

Investments

Since my last update, my investments decreased with GBP -1,558 (-14.5%), of which GBP 3,800 was from contributions, and GBP -217 was from returns.

Since I started tracking, my total contributions have been GBP 12,406, and my total return has been GBP 3,033.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 691 (8.93%), of which GBP 1,211 was from contributions , and GBP -348 was from returns.

Since I started tracking, my total contributions have been GBP 10,099, and my total return is GBP 2,684.




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

If I quit working today, my monthly pay out would be GBP 74 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
74/month
(4.0% SWR)
65/month
(3.5% SWR)
55/month
(3.0% SWR)


When can I retire?

FI date

My age

40

I am currently aiming to save/invest approximately GBP 2,100 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 500,000 in 9 years and 10 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another GBP 294,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 183,686


Financial independence forecast