Net worth update per
This is joe'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 , my net worth was GBP 72,500 and my FI portfolio was GBP 71,500.
Net worth
GBP 72,500
FI portfolio
GBP 71,500
I am now 3.6% on my way to achive my FIRE target of GBP 2,000,000.
GBP 71,500 FIRE target: GBP 2,000,000
FI portfolio
My FI portfolio now consists of GBP 34,000 (47.6%) in investments, GBP 5,000 (7.0%) in retirement accounts, and GBP 32,500 (45.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 238 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
43
I am currently aiming to save/invest
approximately GBP
3,500
each month.
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 11 years and 1 months,
in , and at that time I will be
43 years old.
By that time I will have invested/saved
another GBP 693,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
1,235,500