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Net worth update per


This is chinook's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 198,515 and my FI portfolio increased to GBP 198,515


Net worth

GBP 198,515

Since the last update on my net worth has increased with GBP 4,232 (+ 2.18 %).

FI portfolio

GBP 198,515

Since the last update on my FI portfolio has increased with GBP 4,232 (+ 2.18 %).

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 100,599 +124 100,723
Investments 25,204 +1,491 26,695
Retirement acc 68,480 +2,617 71,097
Real estate 0 0 0
Other assets 0 0 0
Total assets 194,283 +4,232 198,515

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 +723 100,723
Investments 20,000 +6,695 26,695
Retirement acc 52,800 +18,297 71,097
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +25,715 198,515

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 100,000 +723 100,723
Investments 20,000 +6,695 26,695
Retirement acc 52,800 +18,297 71,097
Real estate 0 0 0
Other assets 0 0 0
Total assets 172,800 +25,715 198,515

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

I am now 19.9% 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 198,515 FIRE target: GBP 1,000,000


19.9%

FI portfolio

My FI portfolio now consists of GBP 26,695 (13.4%) in investments, GBP 71,097 (35.8%) in retirement accounts, and GBP 100,723 (50.7%) in cash.

Investments

Since my last update, my investments increased with GBP 1,491 (5.92%).

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 2,617 (3.82%), 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 661 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
661/month
(4.0% SWR)
579/month
(3.5% SWR)
496/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 3 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another GBP 540,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 261,485


Financial independence forecast