Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 517,900 and my FI portfolio decreased to GBP 294,800


Net worth

GBP 517,900

Since the last update on my net worth has decreased with GBP -2,100 ( -0.4 %).

FI portfolio

GBP 294,800

Since the last update on my FI portfolio has decreased with GBP -2,200 ( -0.74 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.

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.

GBP 294,800 FIRE target: GBP 1,000,000


29.5%


FI portfolio


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.

Investments

Since my last update, my investments increased with GBP 800 (0.9%).

Since I started tracking, my total contributions have been GBP 12,600, and my total return has been GBP -600.

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -3,000 (-1.49%).

Since I started tracking, my total contributions have been GBP 9,390, and my total return is GBP 5,810.




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


If I quit working today, my monthly pay out would be GBP 982 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
982/month
(4.0% SWR)
859/month
(3.5% SWR)
737/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately GBP 2,300 each month.

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 , 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


Financial independence forecast