Net worth update per



This is my #9 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 230,959 and my FI portfolio increased to GBP 230,959


Net worth

GBP 230,959

Since the last update on my net worth has increased with GBP 25,261 (+ 12.28 %).

FI portfolio

GBP 230,959

Since the last update on my FI portfolio has increased with GBP 25,261 (+ 12.28 %).

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.

I am now 23.1% on my way to achive my FIRE target of GBP 1,000,000. This is 2.5 percentage points closer, compared to the last net worth update.

GBP 230,959 FIRE target: GBP 1,000,000


23.1%


FI portfolio


My FI portfolio now consists of GBP 32,350 (14.0%) in investments, GBP 97,631 (42.3%) in retirement accounts, and GBP 100,978 (43.7%) in cash.

Investments

Since my last update, my investments increased with GBP 615 (1.94%), of which GBP 7,100 was from contributions, and GBP -5,341 was from returns.

Since I started tracking, my total contributions have been GBP 99,036, and my total return has been GBP -7,442.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 24,518 (33.53%), of which GBP 3,299 was from contributions , and GBP -16,411 was from returns.

Since I started tracking, my total contributions have been GBP 199,481, and my total return is GBP 42,168.




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


If I quit working today, my monthly pay out would be GBP 769 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
769/month
(4.0% SWR)
673/month
(3.5% SWR)
577/month
(3.0% SWR)


When can I retire?


FI date


My age

55

I am currently aiming to save/invest approximately GBP 3,250 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 8 years and 3 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another GBP 435,500, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 333,541


Financial independence forecast