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Net worth update per


This is beecho01's #50 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 16,766 and my FI portfolio decreased to GBP 24,259


Net worth

GBP 16,766

Since the last update on my net worth has decreased with GBP -172 ( -1.02 %).

FI portfolio

GBP 24,259

Since the last update on my FI portfolio has decreased with GBP -590 ( -2.37 %).

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 0 0 0
Investments 6,396 -211 6,185
Retirement acc 18,453 -379 18,074
Real estate 0 0 0
Other assets 58 + 30 88
Total assets 24,907 -560 24,347

Mortgage 0 0 0
Other debt 7,969 -388 7,581
Total debt 7,969 -388 7,581
Change
Cash 0 0 0
Investments 4,348 +1,837 6,185
Retirement acc 16,014 +2,060 18,074
Real estate 0 0 0
Other assets 37 + 51 88
Total assets 20,399 +3,948 24,347

Mortgage 0 0 0
Other debt 8,753 -1,172 7,581
Total debt 8,753 -1,172 7,581
Change
Cash 0 0 0
Investments 0 +6,185 6,185
Retirement acc 2,658 +15,416 18,074
Real estate 0 0 0
Other assets 0 + 88 88
Total assets 2,658 +21,689 24,347

Mortgage 0 0 0
Other debt 7,877 -296 7,581
Total debt 7,877 -296 7,581

I am now 3.2% on my way to achive my FIRE target of GBP 750,000. This is -0.1 percentage points closer, compared to the last net worth update.

GBP 24,259 FIRE target: GBP 750,000


3.2%

FI portfolio

My FI portfolio now consists of GBP 6,185 (25.5%) in investments, GBP 18,074 (74.5%) in retirement accounts, and GBP 0 (0.0%) in cash.

Investments

Since my last update, my investments decreased with GBP -211 (-3.3%), of which GBP 350 was from contributions, and GBP 57 was from returns.

Since I started tracking, my total contributions have been GBP 9,070, and my total return has been GBP 2,241.

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -379 (-2.05%), of which GBP 375 was from contributions , and GBP 444 was from returns.

Since I started tracking, my total contributions have been GBP 20,586, and my total return is GBP 3,394.




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

If I quit working today, my monthly pay out would be GBP 80 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
80/month
(4.0% SWR)
70/month
(3.5% SWR)
60/month
(3.0% SWR)


When can I retire?

FI date

My age

58

I am currently aiming to save/invest approximately GBP 420 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 750,000 in 29 years and 1 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another GBP 154,980, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 570,761


Financial independence forecast