I don’t normally check my portfolios before the end of the month but recently, I’ve been itching to because I knew I was close to a big milestone.
I logged onto my investment accounts this morning to see that my Future Fund (ie my FIRE pot) has finally surpassed £200,000! Woo hoo!
I had predicted that it would take me 5 years; it’s actually taken me around 3.5 years to get £100k.
This milestone has been more than 11 years in total in the making!
The first £100k took me around 8 years – 5 years for the first £30k, when I had no plan and no direction, then 3 years to get £70k after I’d devised my plan to aim for FIRE.
Yes, if only I’d made a plan earlier, I could have reached this milestone in a fewer number of years, but I can’t dwell on what I could have and should have done in the past.
I feel quite giddy and am very pleased with myself, that I’ve patiently stuck to my plan over the years and did not get distracted or fall off the rails.
Of course, by the time I run my September-end numbers, it’s possible that the stockmarket will have fluctuated and I may be back below £200k but I think I’m allowed to celebrate this small win now, when there’s not a lot to celebrate in the world currently.
Anyway, thank you readers of this blog for helping me get there in the first place!
Onwards to the next £100k!