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Net worth update per


This is DubCur's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 50,796 and my FI portfolio decreased to GBP 29,296


Net worth

GBP 50,796

Since the last update on my net worth has decreased with GBP -96,204 ( -65.44 %).

FI portfolio

GBP 29,296

Since the last update on my FI portfolio has decreased with GBP -113,704 ( -79.51 %).

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 78,000 -72,500 5,500
Investments 52,000 -38,445 13,555
Retirement acc 13,000 -2,759 10,241
Real estate 0 0 0
Other assets 4,000 + 26,000 30,000
Total assets 147,000 -87,704 59,296

Mortgage 0 0 0
Other debt 0 + 8,500 8,500
Total debt 0 + 8,500 8,500
Change
Cash 78,000 -72,500 5,500
Investments 52,000 -38,445 13,555
Retirement acc 13,000 -2,759 10,241
Real estate 0 0 0
Other assets 4,000 + 26,000 30,000
Total assets 147,000 -87,704 59,296

Mortgage 0 0 0
Other debt 0 + 8,500 8,500
Total debt 0 + 8,500 8,500
Change
Cash 78,000 -72,500 5,500
Investments 52,000 -38,445 13,555
Retirement acc 13,000 -2,759 10,241
Real estate 0 0 0
Other assets 4,000 + 26,000 30,000
Total assets 147,000 -87,704 59,296

Mortgage 0 0 0
Other debt 0 + 8,500 8,500
Total debt 0 + 8,500 8,500

I am now 1.5% on my way to achive my FIRE target of GBP 2,000,000. This is -5.7 percentage points closer, compared to the last net worth update.

GBP 29,296 FIRE target: GBP 2,000,000


1.5%

FI portfolio

My FI portfolio now consists of GBP 13,555 (46.3%) in investments, GBP 10,241 (35.0%) in retirement accounts, and GBP 5,500 (18.8%) in cash.

Investments

Since my last update, my investments decreased with GBP -38,445 (-73.93%).

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -2,759 (-21.22%).




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

If I quit working today, my monthly pay out would be GBP 97 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
97/month
(4.0% SWR)
85/month
(3.5% SWR)
73/month
(3.0% SWR)


When can I retire?

FI date

My age

69

I am currently aiming to save/invest approximately GBP 400 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 2,000,000 in 37 years and 4 months, in , and at that time I will be 69 years old.

By that time I will have invested/saved another GBP 192,400, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 1,778,304


Financial independence forecast