Net worth update per
This is damnedbee'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 485,553 and my FI portfolio was USD 384,000.
Net worth
USD 485,553
FI portfolio
USD 384,000
I am now 30.7% on my way to achive my FIRE target of USD 1,250,000.
USD 384,000 FIRE target: USD 1,250,000
FI portfolio
My FI portfolio now consists of USD 8,000 (2.1%) in investments, USD 368,000 (95.8%) in retirement accounts, and USD 8,000 (2.1%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 1,280 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
My age
51
I am currently aiming to save/invest
approximately USD
4,500
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 1,250,000
in 2 years and 6 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another USD 436,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
429,500