This is skylyn'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 704,000 and my FI portfolio was USD 334,000.
I am now 11.1% on my way to achive my FIRE target of USD 3,000,000.
My FI portfolio now consists of USD 25,000 (7.5%) in investments, USD 290,000 (86.8%) in retirement accounts, and USD 19,000 (5.7%) in cash.
If I quit working today, my monthly pay out would be USD 1,113 for the rest of my life.
I am currently aiming to save/invest
approximately USD
3,750
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 3,000,000
in 9 years and 7 months,
in , and at that time I will be
46 years old.
By that time I will have invested/saved
another USD 678,750,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,987,250