Net worth update per June 1st 2021
This is VW1'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 June 1st 2021, my net worth was USD 654,024 and my FI portfolio was USD 494,024.
Net worth
USD 654,024
FI portfolio
USD 494,024
I am now 19.8% on my way to achive my FIRE target of USD 2,500,000.
USD 494,024 FIRE target: USD 2,500,000
FI portfolio
My FI portfolio now consists of USD 29,170 (5.9%) in investments, USD 464,854 (94.1%) in retirement accounts, and USD 0 (0.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 1,646 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
December 2033
My age
51
I am currently aiming to save/invest
approximately USD
2,700
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 2,500,000
in 8 years and 6 months,
in December 2033, and at that time I will be
51 years old.
By that time I will have invested/saved
another USD 405,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,600,976