This is Flatlands'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 3,502,000 and my FI portfolio was USD 3,019,000.
I am now 86.3% on my way to achive my FIRE target of USD 3,500,000.
My FI portfolio now consists of USD 1,906,000 (63.1%) in investments, USD 360,000 (11.9%) in retirement accounts, and USD 753,000 (24.9%) in cash.
If I quit working today, my monthly pay out would be USD 10,063 for the rest of my life.
I am currently aiming to save/invest
approximately USD
5,000
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 3,500,000
in -3 years and -3 months,
in , and at that time I will be
20 years old.
By that time I will have invested/saved
another USD 145,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
336,000