This is Inkymitz'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 898,850 and my FI portfolio was USD 630,000.
I am now 42.0% on my way to achive my FIRE target of USD 1,500,000.
My FI portfolio now consists of USD 25,000 (4.0%) in investments, USD 600,000 (95.2%) in retirement accounts, and USD 5,000 (0.8%) in cash.
If I quit working today, my monthly pay out would be USD 2,100 for the rest of my life.
I am currently aiming to save/invest
approximately USD
1,500
each month.
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 1 years and 8 months,
in , and at that time I will be
58 years old.
By that time I will have invested/saved
another USD 133,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
736,500