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Net worth update per


This is beecho01's #74 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 28,608 and my FI portfolio increased to GBP 45,560


Net worth

GBP 28,608

Since the last update on my net worth has increased with GBP 635 (+ 2.27 %).

FI portfolio

GBP 45,560

Since the last update on my FI portfolio has increased with GBP 1,358 (+ 3.07 %).

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 59 +100 159
Investments 13,493 +444 13,937
Retirement acc 30,650 +814 31,464
Real estate 0 0 0
Other assets 108 0 108
Total assets 44,310 +1,358 45,668

Mortgage 0 0 0
Other debt 16,337 + 723 17,060
Total debt 16,337 + 723 17,060
Change
Cash 0 +159 159
Investments 9,911 +4,026 13,937
Retirement acc 24,127 +7,337 31,464
Real estate 0 0 0
Other assets 108 0 108
Total assets 34,146 +11,522 45,668

Mortgage 0 0 0
Other debt 5,422 + 11,638 17,060
Total debt 5,422 + 11,638 17,060
Change
Cash 0 +159 159
Investments 0 +13,937 13,937
Retirement acc 2,658 +28,806 31,464
Real estate 0 0 0
Other assets 0 + 108 108
Total assets 2,658 +43,010 45,668

Mortgage 0 0 0
Other debt 7,877 + 9,183 17,060
Total debt 7,877 + 9,183 17,060

I am now 6.1% on my way to achive my FIRE target of GBP 750,000. This is 0.2 percentage points closer, compared to the last net worth update.

GBP 45,560 FIRE target: GBP 750,000


6.1%

FI portfolio

My FI portfolio now consists of GBP 13,937 (30.6%) in investments, GBP 31,464 (69.1%) in retirement accounts, and GBP 159 (0.3%) in cash.

Investments

Since my last update, my investments increased with GBP 444 (3.29%).

Since I started tracking, my total contributions have been GBP 10,775, and my total return has been GBP -3,879.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 814 (2.66%), of which GBP 330 was from contributions , and GBP -110 was from returns.

Since I started tracking, my total contributions have been GBP 25,046, and my total return is GBP 6,469.




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

If I quit working today, my monthly pay out would be GBP 151 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
151/month
(4.0% SWR)
132/month
(3.5% SWR)
113/month
(3.0% SWR)


When can I retire?

FI date

My age

58

I am currently aiming to save/invest approximately GBP 420 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 750,000 in 27 years and 3 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another GBP 140,700, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 563,740


Financial independence forecast