Net worth update per
This is Motterz'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 4,100 and my FI portfolio was GBP 3,100.
Net worth
GBP 4,100
FI portfolio
GBP 3,100
I am now 0.2% on my way to achive my FIRE target of GBP 1,500,000.
GBP 3,100 FIRE target: GBP 1,500,000
FI portfolio
My FI portfolio now consists of GBP 1,500 (48.4%) in investments, GBP 1,500 (48.4%) in retirement accounts, and GBP 100 (3.2%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be GBP 10 for the rest of my life.
Retire today with (GBP)
When can I retire?
FI date
My age
70
I am currently aiming to save/invest
approximately GBP
350
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of GBP 1,500,000
in 41 years and 2 months,
in , and at that time I will be
70 years old.
By that time I will have invested/saved
another GBP 192,850,
while the rest will be return on my existing FI portfolio and the new
investments,
in total GBP
1,304,050