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This is chinook's #48 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 571,290 and my FI portfolio increased to GBP 564,637


Net worth

GBP 571,290

Since the last update on my net worth has increased with GBP 12,060 (+ 2.16 %).

FI portfolio

GBP 564,637

Since the last update on my FI portfolio has increased with GBP 12,407 (+ 2.25 %).

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 114,575 +5,271 119,846
Investments 120,223 -6,834 113,389
Retirement acc 317,432 +13,970 331,402
Real estate 0 0 0
Other assets 7,000 -347 6,653
Total assets 559,230 +12,060 571,290

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 104,087 +15,759 119,846
Investments 134,095 -20,706 113,389
Retirement acc 271,707 +59,695 331,402
Real estate 0 0 0
Other assets 0 + 6,653 6,653
Total assets 509,889 +61,401 571,290

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 +19,846 119,846
Investments 20,000 +93,389 113,389
Retirement acc 52,800 +278,602 331,402
Real estate 0 0 0
Other assets 0 + 6,653 6,653
Total assets 172,800 +398,490 571,290

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 56.5% on my way to achive my FIRE target of GBP 1,000,000. This is 1.2 percentage points closer, compared to the last net worth update.

GBP 564,637 FIRE target: GBP 1,000,000


56.5%

FI portfolio

My FI portfolio now consists of GBP 113,389 (20.1%) in investments, GBP 331,402 (58.7%) in retirement accounts, and GBP 119,846 (21.2%) in cash.

Investments

Since my last update, my investments decreased with GBP -6,834 (-5.68%).

Since I started tracking, my total contributions have been GBP 136,136, and my total return has been GBP 11,894.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 13,970 (4.4%), of which GBP 6,316 was from contributions , and GBP 14,043 was from returns.

Since I started tracking, my total contributions have been GBP 286,487, and my total return is GBP 144,207.




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

If I quit working today, my monthly pay out would be GBP 1,882 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
1,882/month
(4.0% SWR)
1,646/month
(3.5% SWR)
1,411/month
(3.0% SWR)


When can I retire?

FI date

My age

51

I am currently aiming to save/invest approximately GBP 5,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 2 years and 11 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another GBP 260,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 175,363


Financial independence forecast