Net worth update per
This is Chrisw'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 504,000 and my FI portfolio was GBP 300,000.
Net worth
GBP 504,000
FI portfolio
GBP 300,000
I am now 37.5% on my way to achive my FIRE target of GBP 800,000.
GBP 300,000 FIRE target: GBP 800,000
FI portfolio
My FI portfolio now consists of GBP 59,000 (19.7%) in investments, GBP 229,000 (76.3%) in retirement accounts, and GBP 12,000 (4.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 1,000 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
49
I am currently aiming to save/invest
approximately GBP
2,245
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 5 years and 3 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another GBP 172,865,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
327,135