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Net worth update per


This is imjared's #25 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 63,720 and my FI portfolio increased to GBP 63,720


Net worth

GBP 63,720

Since the last update on my net worth has increased with GBP 533 (+ 0.84 %).

FI portfolio

GBP 63,720

Since the last update on my FI portfolio has increased with GBP 533 (+ 0.84 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.
Change
Cash 6,636 -527 6,109
Investments 32,244 -476 31,768
Retirement acc 24,307 +1,536 25,843
Real estate 0 0 0
Other assets 0 0 0
Total assets 63,187 +533 63,720

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 5,194 +915 6,109
Investments 18,804 +12,964 31,768
Retirement acc 16,635 +9,208 25,843
Real estate 0 0 0
Other assets 0 0 0
Total assets 40,633 +23,087 63,720

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 4,211 +1,898 6,109
Investments 11,352 +20,416 31,768
Retirement acc 7,392 +18,451 25,843
Real estate 0 0 0
Other assets 0 0 0
Total assets 22,955 +40,765 63,720

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 12.7% on my way to achive my FIRE target of GBP 500,000. This is 0.1 percentage points closer, compared to the last net worth update.

GBP 63,720 FIRE target: GBP 500,000


12.7%

FI portfolio

My FI portfolio now consists of GBP 31,768 (49.9%) in investments, GBP 25,843 (40.6%) in retirement accounts, and GBP 6,109 (9.6%) in cash.

Investments

Since my last update, my investments decreased with GBP -476 (-1.48%), of which GBP 558 was from contributions, and GBP -1,632 was from returns.

Since I started tracking, my total contributions have been GBP 19,471, and my total return has been GBP 5,137.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 1,536 (6.32%), of which GBP 1,399 was from contributions , and GBP -2,206 was from returns.

Since I started tracking, my total contributions have been GBP 25,543, and my total return is GBP 1,651.




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

If I quit working today, my monthly pay out would be GBP 212 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
212/month
(4.0% SWR)
185/month
(3.5% SWR)
159/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately GBP 2,100 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 500,000 in 9 years and 6 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another GBP 258,300, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 177,980


Financial independence forecast