Net worth update per
This is chinook'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 , my net worth was GBP 172,800 and my FI portfolio was GBP 172,800.
Net worth
GBP 172,800
FI portfolio
GBP 172,800
I am now 17.3% on my way to achive my FIRE target of GBP 1,000,000.
GBP 172,800 FIRE target: GBP 1,000,000
FI portfolio
My FI portfolio now consists of GBP 20,000 (11.6%) in investments, GBP 52,800 (30.6%) in retirement accounts, and GBP 100,000 (57.9%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 576 for the rest of my life.
Retire today with (GBP)
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 2 months,
in , and at that time I will be
52 years old.
By that time I will have invested/saved
another GBP 565,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
262,200