This is KrisM'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 316,500 and my FI portfolio was USD 266,500.
I am now 53.3% on my way to achive my FIRE target of USD 500,000.
My FI portfolio now consists of USD 21,500 (8.1%) in investments, USD 5,000 (1.9%) in retirement accounts, and USD 240,000 (90.1%) in cash.
If I quit working today, my monthly pay out would be USD 888 for the rest of my life.
I am currently aiming to save/invest
approximately USD
500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 500,000
in 7 years and 3 months,
in , and at that time I will be
36 years old.
By that time I will have invested/saved
another USD 66,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
167,000