Net worth update per
This is Gabriel's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 342,343 and my FI portfolio increased to GBP 124,343
Net worth
GBP 342,343
Since the last update on my net worth has increased with GBP 2,343 (+ 0.69 %).
FI portfolio
GBP 124,343
Since the last update on my FI portfolio has increased with GBP 1,343 (+ 1.09 %).
And the development and changes between each net worth reporting is shown in the tables below.
The changes for each asset class is shown in the table below. All numbers are in GBP.
I am now 12.4% on my way to achive my FIRE target of GBP 1,000,000. This is 0.1 percentage points closer, compared to the last net worth update.
GBP 124,343 FIRE target: GBP 1,000,000
FI portfolio
My FI portfolio now consists of GBP 35,000 (28.1%) in investments, GBP 73,000 (58.7%) in retirement accounts, and GBP 16,343 (13.1%) in cash.
Since my last update, my investments
decreased
with GBP -500
(-1.41%), of which
GBP
1,600
was from
contributions, and GBP
-2,100 was from
returns.
Since I started tracking, my total contributions have been
GBP
1,600,
and my total return has been
GBP
-2,100.
Since my last update, my retirement accounts
increased
with GBP 500
(0.69%).
Since I started tracking, my total contributions have been
GBP
0,
and my total return is
GBP
500.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 414 for the rest of my life.
Monthly SWR amount
Retire today with (GBP)
When can I retire?
FI date
My age
55
I am currently aiming to save/invest
approximately GBP
2,200
each month.
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 12 years and 7 months,
in , 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
486,257