Net worth update per August 23rd 2019
This is alxd'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 August 23rd 2019, my net worth was GBP 80,000 and my FI portfolio was GBP 80,000.
Net worth
GBP 80,000
FI portfolio
GBP 80,000
I am now 13.3% on my way to achive my FIRE target of GBP 600,000.
GBP 80,000 FIRE target: GBP 600,000
FI portfolio
My FI portfolio now consists of GBP 40,000 (50.0%) in investments, GBP 40,000 (50.0%) in retirement accounts, and GBP 0 (0.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 266 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
December 2028
My age
42
I am currently aiming to save/invest
approximately GBP
2,611
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 600,000
in 3 years and 6 months,
in December 2028, and at that time I will be
42 years old.
By that time I will have invested/saved
another GBP 292,432,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
227,568