Net worth update per
This is Burner_For_Fire'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 762,000 and my FI portfolio was USD 579,000.
Net worth
USD 762,000
FI portfolio
USD 579,000
I am now 11.6% on my way to achive my FIRE target of USD 5,000,000.
USD 579,000 FIRE target: USD 5,000,000
FI portfolio
My FI portfolio now consists of USD 48,000 (8.3%) in investments, USD 473,000 (81.7%) in retirement accounts, and USD 58,000 (10.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 1,930 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
My age
54
I am currently aiming to save/invest
approximately USD
4,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 5,000,000
in 17 years and 2 months,
in , and at that time I will be
54 years old.
By that time I will have invested/saved
another USD 960,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
3,461,000