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Net worth update per May 31st 2023


This is cybernaut's #45 net worth update. Please check out my profile here for more information. As of May 31st 2023, my net worth increased to GBP 937,750 and my FI portfolio increased to GBP 643,500


Net worth

GBP 937,750

Since the last update on April 30th 2023 my net worth has increased with GBP 104,870 (+ 12.59 %).

FI portfolio

GBP 643,500

Since the last update on April 30th 2023 my FI portfolio has increased with GBP 95,300 (+ 17.38 %).

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.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
30 Apr 23 Change 31 May 23
Cash 6,000 +94,000 100,000
Investments 147,300 +1,000 148,300
Retirement acc 394,900 +300 395,200
Real estate 300,000 + 20,000 320,000
Other assets 0 0 0
Total assets 848,200 +115,300 963,500

Mortgage 15,320 -320 15,000
Other debt 0 + 10,750 10,750
Total debt 15,320 + 10,430 25,750
30 Dec 22 Change 31 May 23
Cash 6,000 +94,000 100,000
Investments 148,800 -500 148,300
Retirement acc 381,700 +13,500 395,200
Real estate 300,000 + 20,000 320,000
Other assets 0 0 0
Total assets 836,500 +127,000 963,500

Mortgage 16,320 -1,320 15,000
Other debt 0 + 10,750 10,750
Total debt 16,320 + 9,430 25,750
29 Sep 19 Change 31 May 23
Cash 6,000 +94,000 100,000
Investments 89,000 +59,300 148,300
Retirement acc 283,000 +112,200 395,200
Real estate 280,000 + 40,000 320,000
Other assets 0 0 0
Total assets 658,000 +305,500 963,500

Mortgage 27,000 -12,000 15,000
Other debt 0 + 10,750 10,750
Total debt 27,000 -1,250 25,750

I am now 51.5% on my way to achive my FIRE target of GBP 1,250,000. This is 7.6 percentage points closer, compared to the last net worth update.

GBP 643,500 FIRE target: GBP 1,250,000


51.5%

FI portfolio

My FI portfolio now consists of GBP 148,300 (23.0%) in investments, GBP 395,200 (61.4%) in retirement accounts, and GBP 100,000 (15.5%) in cash.

Investments

Since my last update, my investments increased with GBP 1,000 (0.68%), of which GBP 100 was from contributions, and GBP -6,500 was from returns.

Since I started tracking, my total contributions have been GBP 140,800, and my total return has been GBP 9,200.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 300 (0.08%), of which GBP 3,477 was from contributions , and GBP -13,377 was from returns.

Since I started tracking, my total contributions have been GBP 120,188, and my total return is GBP 90,212.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be GBP 2,145 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
2,145/month
(4.0% SWR)
1,876/month
(3.5% SWR)
1,608/month
(3.0% SWR)


When can I retire?

FI date

April 2028

My age

51

I am currently aiming to save/invest approximately GBP 3,470 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,250,000 in 2 years and 11 months, in April 2028, and at that time I will be 51 years old.

By that time I will have invested/saved another GBP 204,730, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 401,770


Financial independence forecast