This is freebeforefriday'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 709,178 and my FI portfolio was USD 481,753.
I am now 32.1% on my way to achive my FIRE target of USD 1,500,000.
My FI portfolio now consists of USD 186,290 (38.7%) in investments, USD 291,463 (60.5%) in retirement accounts, and USD 4,000 (0.8%) in cash.
If I quit working today, my monthly pay out would be USD 1,605 for the rest of my life.
I am currently aiming to save/invest
approximately USD
2,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 1,500,000
in 6 years and 1 months,
in , and at that time I will be
40 years old.
By that time I will have invested/saved
another USD 278,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
740,247