Net worth update per
This is D_S'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 287,000 and my FI portfolio was GBP 72,000.
Net worth
GBP 287,000
FI portfolio
GBP 72,000
I am now 9.0% on my way to achive my FIRE target of GBP 800,000.
GBP 72,000 FIRE target: GBP 800,000
FI portfolio
My FI portfolio now consists of GBP 2,000 (2.8%) in investments, GBP 35,000 (48.6%) in retirement accounts, and GBP 35,000 (48.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 240 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
42
I am currently aiming to save/invest
approximately GBP
2,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 800,000
in 7 years and 3 months,
in , and at that time I will be
42 years old.
By that time I will have invested/saved
another GBP 308,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
420,000