This is Gabriel'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 2023-02-16T00:00:00Z, my net worth was GBP 340,000 and my FI portfolio was GBP 123,000.
I am now 12.3% on my way to achive my FIRE target of GBP 1,000,000.
My FI portfolio now consists of GBP 35,500 (28.9%) in investments, GBP 72,500 (58.9%) in retirement accounts, and GBP 15,000 (12.2%) in cash.
If I quit working today, my monthly pay out would be GBP 410 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 14 years and 7 months, in 2037-11-16T00:00:00Z, and at that time I will be 55 years old.
By that time I will have invested/saved another GBP 389,400, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 487,600