Net worth update per
This is Drakestone'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 1,240,000 and my FI portfolio was USD 690,000.
Net worth
USD 1,240,000
FI portfolio
USD 690,000
I am now 34.5% on my way to achive my FIRE target of USD 2,000,000.
USD 690,000 FIRE target: USD 2,000,000
FI portfolio
My FI portfolio now consists of USD 10,000 (1.4%) in investments, USD 650,000 (94.2%) in retirement accounts, and USD 30,000 (4.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 2,300 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
My age
56
I am currently aiming to save/invest
approximately USD
5,000
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 2,000,000
in 4 years and 0 months,
in , and at that time I will be
56 years old.
By that time I will have invested/saved
another USD 580,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
730,000