Net Worth & Freedom Fund – February 2015

Freedom Fund

The accounts below generate income for me, and my long term goal is for that income to increase to a level that covers my expenses on an annual basis. The amounts display the current value, not the cost. 
  • My expenses are currently approximately £10,000 per year (£833 per month). 
  • The average yield from my dividends is currently over 5%. To be conservative, I’ve based my Freedom Fund’s yield on 4%. 

In order to cover my expenses, I will need a portfolio worth £250,000. This will generate £10,000 a year of income. My goal is to achieve all of this by my 40th birthday which is 5/11/22

The numbers in the tables below were accurate as of 28th February 2015. 

Freedom Fund
Stocks & Shares NISA £24,037.43
Taxable Shares Account £7,120.28
Peer to Peer Lending £107.34
Freedom Fund £31,265.05
% of Goal 12.51

My 2015 Freedom Fund Goal is £50,000 (20% of Target)

Net Worth

My Net Worth includes the Freedom Fund, Company Pension, Cash Savings, and my Home Equity*. It doesn’t include valuables within the house, my car, joint accounts or any of Miss FFBF’s possessions and home equity. My Net Worth is funded solely by me.

My only liability outside of my mortgage is the Student Loan. 

*My Home equity is calculated by an estimate of our house price (reviewed monthly), minus the size of the mortgage (also reviewed monthly), and dividing my share of the home equity.

Net Worth
Freedom Fund £31,265.05
Company Pension £7,633.56
Cash Saving £2,980.64
Home Equity £20,488.52
Student Loan -£5,459.57
Net Worth £56,908.20
My 2015 Net Worth Goal is £80,000 

Freedom Fund / Net Worth Tracker 

2014 Freedom Fund Net Worth
November £24,538.41 £51,113.76
December £25,030.75 £52,315.10
2015 Freedom Fund Net Worth
January £30,082.66 £54,815.13
February £31,265.05 £56,908.20
2015 Goals £50,000 £80,000

How did you start 2015? Are you on your way to hitting your goals this year?


  • Cerridwen

    Reply Reply 14th March 2015

    Hi Huw,

    Good, clear target chart and countdown for the year. I'll be great to watch you get there 🙂

    btw – have a great time next weekend. I'll be not too far away in Bouton-on-the-Water, thinking about you all and wondering how it's going (in between eating, drinking and making merry to celebrate my birthday).

  • weenie

    Reply Reply 14th March 2015

    Hi Huw, love the simple way you have displayed your ongoing progress versus your goals. Looking good and on track! Hope you have a great weekend and see you soon!

  • Hi Huw

    Good to see the Freedom Fund and Net Worth continuing their unrelenting march upwards. It's all about banging in what seem like small amounts, when set against a big target, month in month out and before you know it you're at the goal.

    My 2015 has also started well with wealth currently up 7.5%. Doesn't sound like much against your efforts but I'm in a slightly different place on my FI journey and that relatively small % actually equals multiple years of living expenses.


  • No More Waffles

    Reply Reply 15th March 2015


    Excellent progress! If you manage to make the £50,000 for your freedom fund, I'm pretty sure that £80,000 is in the books to. And I don't see any reason why you wouldn't get there!

    You're one of the only people I've seen that does home equity right. Many folks forget the massive interest payments when they calculate the equity they have in their own home. Good job.

    Best wishes,

  • Huw Davies

    Reply Reply 15th March 2015

    Hi Cerridwen,

    Thank you very much! Thank you for the well wishes for next weekend. I'm really looking forward to it. Likewise, I hope you have a great birthday weekend in Bouton-on-the-Water. It's a lovely place!


  • Huw Davies

    Reply Reply 15th March 2015

    Hi RIT,

    Feb was a great month in the stock market for most of us. I didn't make any purchases but my overall value went up significantly. I couldn't agree with you more that it's all about consistent (ie. monthly) increases over time, and before you know it, you'll be there!

    It looks like you've had a great start to the year, especially considering you're now less than 18 months away from retiring. I hope we can both continue to see consistent growth in our portfolios moving forward.


  • Huw Davies

    Reply Reply 15th March 2015

    Hey weenie,

    Thank you very much. Yes, so far so good. A long way to go but I'm heading in the right direction. Can't believe I'm saying it, but see you next week!


  • Huw Davies

    Reply Reply 15th March 2015

    Hi NMW,

    Thank you very much. I still have plenty of work to do but I'm on my way. I need to continue bringing in more income to eventually get there but I still believe I can do it.

    Thanks for the kind words on the home equity front. I'm only interested in the left over money. To be honest with legal costs, commission etc. I'd end up having less than that, but it's close enough for me.

    Thanks again for stopping by and offering support!


  • Starla

    Reply Reply 18th March 2015

    Hi Huw – I also like the way your net worth and target is laid out, so easy to refer to. I look forward to following your progress this year. It's a great feeling of momentum when all your efforts start to add up and increase exponentially. All going well at this end and I'll up my game and report in more often.

  • Huw Davies

    Reply Reply 18th March 2015

    Hi Starla,

    I hope you're well!

    Thank you very much. Yes, I've become almost addicted to seeing the incremental growth over the months. I find it very satisfying and motivating. Don't worry about 'upping your game', I've also been very busy and not spent the time reading that I did a few months ago, such is life. Thanks for stopping by!


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