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Net worth update per



This is Coffee_clown'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 61,000 and my FI portfolio was GBP 54,000.


Net worth

GBP 61,000

FI portfolio

GBP 54,000

I am now 5.4% on my way to achive my FIRE target of GBP 1,000,000.

GBP 54,000 FIRE target: GBP 1,000,000


5.4%

FI portfolio


My FI portfolio now consists of GBP 15,000 (27.8%) in retirement accounts, and GBP 39,000 (72.2%) in cash.




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



If I quit working today, my monthly pay out would be GBP 180 for the rest of my life.

Retire today with (GBP)
180/month
(4.0% SWR)
157/month
(3.5% SWR)
135/month
(3.0% SWR)


When can I retire?


FI date


My age

56

I am currently aiming to save/invest approximately GBP 2,000 each month.

Assuming an annual return of 2% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 23 years and 5 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another GBP 676,000, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 270,000


Financial independence forecast