This is my 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 2020-05-17T00:00:00Z, my net worth was USD 140,000 and my FI portfolio was USD 140,000.
I am now 14.0% on my way to achive my FIRE target of USD 1,000,000.
My FI portfolio now consists of USD 140,000 (100.0%) in retirement accounts, and USD 0 (0.0%) in cash.
If I quit working today, my monthly pay out would be USD 466 for the rest of my life.
I am currently aiming to save/invest
approximately USD 6,500
Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,000,000 in 7 years and 1 months, in 2027-07-17T00:00:00Z, and at that time I will be 42 years old.
By that time I will have invested/saved another USD 559,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 301,000