Net worth update per May 31st 2023
This is _o_'s #113 net worth update. Please check out my profile here for more information. As of May 31st 2023, my net worth increased to GBP 120,743 and my FI portfolio increased to GBP 65,394
Net worth
GBP 120,743
Since the last update on April 30th 2023 my net worth has increased with GBP 2,025 (+ 1.71 %).
FI portfolio
GBP 65,394
Since the last update on April 30th 2023 my FI portfolio has increased with GBP 3,841 (+ 6.24 %).
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.
The changes for each asset class is shown in the table below. All numbers are in GBP.
I am now 5.2% on my way to achive my FIRE target of GBP 1,260,000. This is 0.3 percentage points closer, compared to the last net worth update.
GBP 65,394 FIRE target: GBP 1,260,000
FI portfolio
My FI portfolio now consists of GBP 5,173 (7.9%) in investments, GBP 35,407 (54.1%) in retirement accounts, and GBP 24,814 (37.9%) in cash.
Since my last update, my investments decreased with GBP -235 (-4.35%).
Since my last update, my retirement accounts increased with GBP 811 (2.34%).
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 217 for the rest of my life.
Monthly SWR amount
Retire today with (GBP)
When can I retire?
FI date
January 2041
My age
43
I am currently aiming to save/invest
approximately GBP
2,600
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,260,000
in 15 years and 7 months,
in January 2041, and at that time I will be
43 years old.
By that time I will have invested/saved
another GBP 551,200,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
643,406