This is my #10 net worth update. Please check out my profile here for more information. As of 2020-01-03T00:00:00Z, my net worth increased to GBP 62,878 and my FI portfolio increased to GBP 75,352
I am now 12.6% on my way to achive my FIRE target of GBP 600,000. This is 1.0 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of GBP 24,069 (31.9%) in investments, GBP 18,962 (25.2%) in retirement accounts, and GBP 32,321 (42.9%) in cash.
Since my last update, my investments increased with GBP 793 (3.41%).
Since my last update, my retirement accounts increased with GBP 599 (3.26%).
If I quit working today, my monthly pay out would be GBP 251 for the rest of my life.
I am currently aiming to save/invest
approximately GBP 6,500
Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 600,000 in 5 years and 7 months, in 2025-09-03T00:00:00Z, and at that time I will be 34 years old.
By that time I will have invested/saved another GBP 442,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 82,648