Net worth update per



This is my #8 net worth update. Please check out my profile here for more information. As of , my net worth decreased to GBP 512,800 and my FI portfolio decreased to GBP 288,300


Net worth

GBP 512,800

Since the last update on my net worth has decreased with GBP -22,500 ( -4.2 %).

FI portfolio

GBP 288,300

Since the last update on my FI portfolio has decreased with GBP -22,800 ( -7.33 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in GBP.

I am now 28.8% on my way to achive my FIRE target of GBP 1,000,000. This is -2.3 percentage points closer, compared to the last net worth update.

GBP 288,300 FIRE target: GBP 1,000,000


28.8%


FI portfolio


My FI portfolio now consists of GBP 89,300 (31.0%) in investments, GBP 193,000 (66.9%) in retirement accounts, and GBP 6,000 (2.1%) in cash.

Investments

Since my last update, my investments decreased with GBP -5,500 (-5.8%).

Since I started tracking, my total contributions have been GBP 12,600, and my total return has been GBP -600.

Retirement accounts

Since my last update, my retirement accounts decreased with GBP -17,300 (-8.23%).

Since I started tracking, my total contributions have been GBP 9,390, and my total return is GBP 5,810.




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


If I quit working today, my monthly pay out would be GBP 961 for the rest of my life.


Monthly SWR amount
Retire today with (GBP)
961/month
(4.0% SWR)
840/month
(3.5% SWR)
720/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately GBP 2,300 each month.

Assuming an annual return of 12% on my investments and my retirement accounts, I aim to reach my FIRE target of GBP 1,000,000 in 7 years and 0 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another GBP 202,400, while the rest will be return on my existing FI portfolio and the new investments, in total GBP 509,300


Financial independence forecast