This is evilldude'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 2,203,000 and my FI portfolio was USD 2,026,000.
I am now 57.9% on my way to achive my FIRE target of USD 3,500,000.
My FI portfolio now consists of USD 1,900,000 (93.8%) in investments, USD 100,000 (4.9%) in retirement accounts, and USD 26,000 (1.3%) in cash.
If I quit working today, my monthly pay out would be USD 6,753 for the rest of my life.
I am currently aiming to save/invest
approximately USD
7,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 3,500,000
in 0 years and -3 months,
in , and at that time I will be
32 years old.
By that time I will have invested/saved
another USD 455,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,019,000