This is my #16 net worth update. Please check out my profile here for more information. As of 2021-05-01T00:00:00Z, my net worth increased to USD 1,073,000 and my FI portfolio increased to USD 925,000
I am now 52.9% on my way to achive my FIRE target of USD 1,750,000. This is 1.8 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of USD 159,000 (17.2%) in investments, USD 700,000 (75.7%) in retirement accounts, and USD 66,000 (7.1%) in cash.
Since my last update, my investments increased with USD 5,000 (3.25%).
Since my last update, my retirement accounts increased with USD 24,000 (3.55%).
If I quit working today, my monthly pay out would be USD 3,083 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,750,000 in 5 years and 5 months, in 2026-12-01T00:00:00Z, and at that time I will be 43 years old.
By that time I will have invested/saved another USD 469,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 356,000