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Net worth update per


This is imjared's #28 net worth update. Please check out my profile here for more information. As of , my net worth increased to GBP 78,996 and my FI portfolio increased to GBP 78,996


Net worth

GBP 78,996

Since the last update on my net worth has increased with GBP 7,502 (+ 10.49 %).

FI portfolio

GBP 78,996

Since the last update on my FI portfolio has increased with GBP 7,502 (+ 10.49 %).

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 7,534 +516 8,050
Investments 34,539 +4,807 39,346
Retirement acc 29,421 +2,179 31,600
Real estate 0 0 0
Other assets 0 0 0
Total assets 71,494 +7,502 78,996

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 5,194 +2,856 8,050
Investments 18,804 +20,542 39,346
Retirement acc 16,635 +14,965 31,600
Real estate 0 0 0
Other assets 0 0 0
Total assets 40,633 +38,363 78,996

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 4,211 +3,839 8,050
Investments 11,352 +27,994 39,346
Retirement acc 7,392 +24,208 31,600
Real estate 0 0 0
Other assets 0 0 0
Total assets 22,955 +56,041 78,996

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

I am now 15.8% on my way to achive my FIRE target of GBP 500,000. This is 1.5 percentage points closer, compared to the last net worth update.

GBP 78,996 FIRE target: GBP 500,000


15.8%

FI portfolio

My FI portfolio now consists of GBP 39,346 (49.8%) in investments, GBP 31,600 (40.0%) in retirement accounts, and GBP 8,050 (10.2%) in cash.

Investments

Since my last update, my investments increased with GBP 4,807 (13.92%), of which GBP 416 was from contributions, and GBP 4,391 was from returns.

Since I started tracking, my total contributions have been GBP 18,228, and my total return has been GBP 9,766.

Retirement accounts

Since my last update, my retirement accounts increased with GBP 2,179 (7.41%), of which GBP 1,354 was from contributions , and GBP 825 was from returns.

Since I started tracking, my total contributions have been GBP 18,719, and my total return is GBP 5,489.




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

If I quit working today, my monthly pay out would be GBP 263 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
263/month
(4.0% SWR)
230/month
(3.5% SWR)
197/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 8 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another GBP 245,700, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 175,304


Financial independence forecast