This is my #2 net worth update. Please check out my profile here for more information. As of 2019-10-30T00:00:00Z, my net worth decreased to GBP 517,900 and my FI portfolio decreased to GBP 294,800
I am now 29.5% on my way to achive my FIRE target of GBP 1,000,000. This is -0.2 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of GBP 89,800 (30.5%) in investments, GBP 199,000 (67.5%) in retirement accounts, and GBP 6,000 (2.0%) in cash.
Since my last update, my investments
with GBP 800
Since I started tracking, my total contributions have been GBP 12,600, and my total return has been GBP -600.
Since my last update, my retirement accounts
with GBP -3,000
Since I started tracking, my total contributions have been GBP 9,390, and my total return is GBP 5,810.
If I quit working today, my monthly pay out would be GBP 982 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 12% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 6 years and 5 months, in 2026-12-30T00:00:00Z, and at that time I will be 50 years old.
By that time I will have invested/saved another GBP 197,800, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 507,400