This is joaoasilva'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 269,500 and my FI portfolio was GBP 37,500.
I am now 3.8% on my way to achive my FIRE target of GBP 1,000,000.
My FI portfolio now consists of GBP 2,500 (6.7%) in investments, GBP 20,000 (53.3%) in retirement accounts, and GBP 15,000 (40.0%) in cash.
If I quit working today, my monthly pay out would be GBP 125 for the rest of my life.
I am currently aiming to save/invest
approximately GBP
1,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,000,000
in 15 years and 2 months,
in , and at that time I will be
57 years old.
By that time I will have invested/saved
another GBP 246,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
716,500