Net worth update per



This is my #10 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 62,878 and my FI portfolio increased to GBP 75,352


Net worth

GBP 62,878

Since the last update on my net worth has increased with GBP 6,005 (+ 10.56 %).

FI portfolio

GBP 75,352

Since the last update on my FI portfolio has increased with GBP 6,005 (+ 8.66 %).

Net worth
FI portfolio

The changes for each asset class compared to the previous reporting () is shown in the table below. All numbers are in GBP.
Previous Change Current
Cash 27,708 +4,613 32,321
Investments 23,276 +793 24,069
Retirement acc 18,363 +599 18,962
Real estate 0 0 0
Other assets 0 0 0
Total assets 69,347 +6,005 75,352

Mortgage 0 0 0
Other debt 12,474 0 12,474
Total debt 12,474 0 12,474

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.

GBP 75,352 FIRE target: GBP 600,000


12.6%

FI portfolio


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.

Investments

Since my last update, my investments increased with GBP 793 (3.41%).

Retirement accounts

Since my last update, my retirement accounts increased with GBP 599 (3.26%).




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


If I quit working today, my monthly pay out would be GBP 251 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
251/month
(4.0% SWR)
219/month
(3.5% SWR)
188/month
(3.0% SWR)


When can I retire?


FI date


My age

34

I am currently aiming to save/invest approximately GBP 6,500 each month.

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 , 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


Financial independence forecast