Net worth update per
This is hangover_24'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 2,022,000 and my FI portfolio was USD 1,025,000.
Net worth
USD 2,022,000
FI portfolio
USD 1,025,000
I am now 34.2% on my way to achive my FIRE target of USD 3,000,000.
USD 1,025,000 FIRE target: USD 3,000,000
FI portfolio
My FI portfolio now consists of USD 700,000 (68.3%) in investments, USD 250,000 (24.4%) in retirement accounts, and USD 75,000 (7.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 3,416 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
4,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 3,000,000
in 2 years and 11 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another USD 416,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,559,000