This is my 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 2019-02-01T00:00:00Z, my net worth was GBP 172,800 and my FI portfolio was GBP 172,800.
I am now 17.3% on my way to achive my FIRE target of GBP 1,000,000.
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.
If I quit working today, my monthly pay out would be GBP 576 for the rest of my life.
I am currently aiming to save/invest
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 10 years and 1 months, in 2032-03-01T00:00:00Z, and at that time I will be 56 years old.
By that time I will have invested/saved another GBP 471,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 356,200