This is willhse456'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 2023-09-17T00:00:00Z, my net worth was GBP 48,607 and my FI portfolio was GBP 48,607.
I am now 2.4% on my way to achive my FIRE target of GBP 2,000,000.
My FI portfolio now consists of GBP 45,000 (92.6%) in investments, GBP 1,000 (2.1%) in retirement accounts, and GBP 2,607 (5.4%) in cash.
If I quit working today, my monthly pay out would be GBP 162 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 2,000,000 in 29 years and 8 months, in 2053-06-17T00:00:00Z, and at that time I will be 56 years old.
By that time I will have invested/saved another GBP 178,500, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 1,772,893