This is P4R0N3X'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 1,086,856 and my FI portfolio was USD 776,856.
I am now 38.8% on my way to achive my FIRE target of USD 2,000,000.
My FI portfolio now consists of USD 517,339 (66.6%) in investments, USD 258,517 (33.3%) in retirement accounts, and USD 1,000 (0.1%) in cash.
If I quit working today, my monthly pay out would be USD 2,589 for the rest of my life.
I am currently aiming to save/invest
approximately USD
100
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 2,000,000
in 7 years and 6 months,
in , and at that time I will be
53 years old.
By that time I will have invested/saved
another USD 11,300,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,211,844