This is Greyweld'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 383,000 and my FI portfolio was USD 168,000.
I am now 28.0% on my way to achive my FIRE target of USD 600,000.
My FI portfolio now consists of USD 3,000 (1.8%) in investments, USD 155,000 (92.3%) in retirement accounts, and USD 10,000 (6.0%) in cash.
If I quit working today, my monthly pay out would be USD 560 for the rest of my life.
I am currently aiming to save/invest
approximately USD
12,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 600,000
in -3 years and -1 months,
in , and at that time I will be
30 years old.
By that time I will have invested/saved
another USD 348,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
84,000