Just the numbers this month as I’ve not had time to write anything else up.
The Numbers
Original FI Target – £1.25m – to give £50k/year income @ 4% withdrawal rate.
Current FI value – £815k networth+ £466k (2xState pen £18.6k x 25) + £88k (DB pen £3.5k x 25)) = £1.370m
% to Target FI – 109.6% (110.7% last month)
Time to FI = Achieved! (achieved-April 21)
MONTHLY UPDATE AND GOALS
Last months figures in brackets
Net Worth Jan ’22 – £815,402 (Dec ’21 £828,958) -1.6% -£13,556
Assets – £1,002,858 (£1,017,973) -1.5% -£15,115
Cash/bank £7527 (£7362)
Main Home Q4 £490,731 (Q4 £490,731) +0% +£0
Rental Properties Q4 £202,426 (Q4 £202,426) +0% +£0
Pension SIPP £302,174 (£317,454) -4.8% -£15,280
Liabilities – £187,456 (£189,015) -0.8% -£1,559
Main Home Mortgage £80,100 (£80,450)
Loans, Debts and credit cards £107,456 (£108,565)
Overall Net Worth in January decreased by £13.5k.
Rolling year on year change in net worth from January ’21 is +£153,894 (assets +£127,678 liabilities -£26,216)
Since we began tracking in June ’18, our net worth has increased by £401k, at an average of £9.3k per month.
Property
My house price YOY change +11.24%. (Q4 2020 – Q4 2021 NW England)
The Equity in my main home is £410,631.
Main home and rental property values are calculated using the Nationwide House price index.
Nationwide’s January ’22 update reports annual house price growth makes a strong start to 2022.
The UK annual % change in house prices is +11.2%, with a UK average house price of £255k.
Dividends
SIPP Dividends paid in January were £386.
Dividends Jan 22 YTD total 386, Av. £386m (Jan 21 ytd £265, Jan 20 ytd £189)
(Year totals –2016 £425, 2017 £911, 2018 £1306, 2019 £2319, 2020 £5942, 2021 £7383)
Other Monthly/weekly goals
Matched Betting +£206 this month (+£29 last month)
We are still mainly doing casino offers with a little normal match betting.
Total to date since starting 51m ago £13478 Av. £264/m (£13272 to last month Av. 265/m), broken down as follows.
Casino/slot offers to date £6561(6394) = +£167 this month
Each way sniping to date £625 (£625) = £0 this month
Normal match betting offers +£39 this month
Diet and Fitness
75kg and 21% body fat . (78kg, 22% body fat last month).
Lost 3kg this month after the Christmas binge. Didn’t manage to keep dry for January but did ok regardless.
My target is to get to 70kg and/or under 15% body fat.
eBay/selling – Nothing done this month.
Any comments/questions always welcome