This is my #7 net worth update. Please check out my profile here for more information. As of 2020-01-01T00:00:00Z, my net worth increased to USD 681,558 and my FI portfolio increased to USD 554,878
I am now 37.0% on my way to achive my FIRE target of USD 1,500,000. This is 0.7 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of USD 210,017 (37.8%) in investments, USD 325,980 (58.7%) in retirement accounts, and USD 18,881 (3.4%) in cash.
Since my last update, my investments increased with USD 6,386 (3.14%).
Since my last update, my retirement accounts increased with USD 15,098 (4.86%).
If I quit working today, my monthly pay out would be USD 1,849 for the rest of my life.
I am currently aiming to save/invest
approximately USD 6,250
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,500,000 in 6 years and 7 months, in 2026-09-01T00:00:00Z, and at that time I will be 35 years old.
By that time I will have invested/saved another USD 500,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 445,122