Net worth update per



This is my #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 205,698 and my FI portfolio increased to GBP 205,698


Net worth

GBP 205,698

Since the last update on my net worth has increased with GBP 7,183 (+ 3.62 %).

FI portfolio

GBP 205,698

Since the last update on my FI portfolio has increased with GBP 7,183 (+ 3.62 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.

I am now 20.6% on my way to achive my FIRE target of GBP 1,000,000. This is 0.7 percentage points closer, compared to the last net worth update.

GBP 205,698 FIRE target: GBP 1,000,000


20.6%


FI portfolio


My FI portfolio now consists of GBP 31,735 (15.4%) in investments, GBP 73,113 (35.5%) in retirement accounts, and GBP 100,850 (49.0%) in cash.

Investments

Since my last update, my investments increased with GBP 5,040 (18.88%), of which GBP 6,000 was from contributions, and GBP -188 was from returns.

Since I started tracking, my total contributions have been GBP 76,336, and my total return has been GBP 43,571.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 2,016 (2.84%), of which GBP 35,244 was from contributions , and GBP 6,567 was from returns.

Since I started tracking, my total contributions have been GBP 181,006, and my total return is GBP 79,712.




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


If I quit working today, my monthly pay out would be GBP 685 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
685/month
(4.0% SWR)
599/month
(3.5% SWR)
514/month
(3.0% SWR)


When can I retire?


FI date


My age

56

I am currently aiming to save/invest approximately GBP 3,000 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 9 years and 11 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another GBP 444,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 350,302


Financial independence forecast