Net worth update per
This is Chris1's 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 , my net worth was USD 100,000 and my FI portfolio was USD 100,000.
Net worth
USD 100,000
FI portfolio
USD 100,000
I am now 5.0% on my way to achive my FIRE target of USD 2,000,000.
USD 100,000 FIRE target: USD 2,000,000
FI portfolio
My FI portfolio now consists of USD 50,000 (50.0%) in retirement accounts, and USD 50,000 (50.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 333 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
My age
44
I am currently aiming to save/invest
approximately USD
1,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 2,000,000
in 21 years and 1 months,
in , and at that time I will be
44 years old.
By that time I will have invested/saved
another USD 299,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,601,000