Net worth update per
This is redipf'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 2,030,000 and my FI portfolio was USD 1,530,000.
Net worth
USD 2,030,000
FI portfolio
USD 1,530,000
I am now 61.2% on my way to achive my FIRE target of USD 2,500,000.
USD 1,530,000 FIRE target: USD 2,500,000
FI portfolio
My FI portfolio now consists of USD 500,000 (32.7%) in investments, USD 1,000,000 (65.4%) in retirement accounts, and USD 30,000 (2.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 5,100 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
My age
50
I am currently aiming to save/invest
approximately USD
10,000
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 -1 years and -10 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another USD 460,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
510,000