This is Imustacheyouaquestion'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 352,499 and my FI portfolio was USD 306,481.
I am now 18.9% on my way to achive my FIRE target of USD 1,625,000.
My FI portfolio now consists of USD 23,466 (7.7%) in investments, USD 252,772 (82.5%) in retirement accounts, and USD 30,243 (9.9%) in cash.
If I quit working today, my monthly pay out would be USD 1,021 for the rest of my life.
I am currently aiming to save/invest
approximately USD
7,500
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 1,625,000
in 3 years and 0 months,
in , and at that time I will be
41 years old.
By that time I will have invested/saved
another USD 787,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
531,019