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 2023-03-15T00:00:00Z, my net worth was GBP 504,000 and my FI portfolio was GBP 300,000.
I am now 37.5% on my way to achive my FIRE target of GBP 800,000.
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.
If I quit working today, my monthly pay out would be GBP 1,000 for the rest of my life.
I am currently aiming to save/invest
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 6 years and 4 months, in 2029-08-15T00:00:00Z, 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