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Net worth update per


This is chinook's #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 237,005 and my FI portfolio increased to GBP 237,005


Net worth

GBP 237,005

Since the last update on my net worth has increased with GBP 3,589 (+ 1.54 %).

FI portfolio

GBP 237,005

Since the last update on my FI portfolio has increased with GBP 3,589 (+ 1.54 %).

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.
Change
Cash 101,102 +128 101,230
Investments 32,535 +460 32,995
Retirement acc 99,779 +3,001 102,780
Real estate 0 0 0
Other assets 0 0 0
Total assets 233,416 +3,589 237,005

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 +1,230 101,230
Investments 20,000 +12,995 32,995
Retirement acc 52,800 +49,980 102,780
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +64,205 237,005

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 +1,230 101,230
Investments 20,000 +12,995 32,995
Retirement acc 52,800 +49,980 102,780
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +64,205 237,005

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 23.7% on my way to achive my FIRE target of GBP 1,000,000. This is 0.4 percentage points closer, compared to the last net worth update.

GBP 237,005 FIRE target: GBP 1,000,000


23.7%

FI portfolio

My FI portfolio now consists of GBP 32,995 (13.9%) in investments, GBP 102,780 (43.4%) in retirement accounts, and GBP 101,230 (42.7%) in cash.

Investments

Since my last update, my investments increased with GBP 460 (1.41%).

Since I started tracking, my total contributions have been GBP 136,136, and my total return has been GBP 11,894.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 3,001 (3.01%), of which GBP 6,316 was from contributions , and GBP 14,043 was from returns.

Since I started tracking, my total contributions have been GBP 286,487, and my total return is GBP 144,207.




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

If I quit working today, my monthly pay out would be GBP 790 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
790/month
(4.0% SWR)
691/month
(3.5% SWR)
592/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately GBP 5,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 4 years and 0 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another GBP 505,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 257,995


Financial independence forecast