This is librarianFIRE'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 668,000 and my FI portfolio was USD 540,000.
I am now 30.9% on my way to achive my FIRE target of USD 1,750,000.
My FI portfolio now consists of USD 120,000 (22.2%) in investments, USD 340,000 (63.0%) in retirement accounts, and USD 80,000 (14.8%) in cash.
If I quit working today, my monthly pay out would be USD 1,800 for the rest of my life.
I am currently aiming to save/invest
approximately USD
7,500
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 1,750,000
in 3 years and 5 months,
in , and at that time I will be
43 years old.
By that time I will have invested/saved
another USD 720,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
490,000