This is Trevor'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 622,401 and my FI portfolio was USD 622,401.
I am now 24.9% on my way to achive my FIRE target of USD 2,500,000.
My FI portfolio now consists of USD 166,530 (26.8%) in investments, USD 431,470 (69.3%) in retirement accounts, and USD 24,401 (3.9%) in cash.
If I quit working today, my monthly pay out would be USD 2,074 for the rest of my life.
I am currently aiming to save/invest
approximately USD
6,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 2,500,000
in 7 years and 3 months,
in , and at that time I will be
40 years old.
By that time I will have invested/saved
another USD 792,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,085,599