This is Mstrickland1130'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 36,700 and my FI portfolio was USD 36,700.
I am now 3.7% on my way to achive my FIRE target of USD 1,000,000.
My FI portfolio now consists of USD 16,450 (44.8%) in investments, USD 1,250 (3.4%) in retirement accounts, and USD 19,000 (51.8%) in cash.
If I quit working today, my monthly pay out would be USD 122 for the rest of my life.
I am currently aiming to save/invest
approximately USD
1,200
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 1,000,000
in 15 years and 9 months,
in , and at that time I will be
43 years old.
By that time I will have invested/saved
another USD 279,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
683,700