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 83,000 and my FI portfolio was USD 59,000.
I am now 3.9% on my way to achive my FIRE target of USD 1,500,000.
My FI portfolio now consists of USD 52,000 (88.1%) in retirement accounts, and USD 7,000 (11.9%) in cash.
If I quit working today, my monthly pay out would be USD 196 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,500,000 in 12 years and 7 months, in 2033-07-17T00:00:00Z, and at that time I will be 38 years old.
By that time I will have invested/saved another USD 632,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 809,000