This is TheDividendPig'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 January 1st 2020, my net worth was USD 1,261,873 and my FI portfolio was USD 680,848.
I am now 56.7% on my way to achive my FIRE target of USD 1,200,000.
My FI portfolio now consists of USD 155,504 (22.8%) in investments, USD 335,136 (49.2%) in retirement accounts, and USD 190,208 (27.9%) in cash.
If I quit working today, my monthly pay out would be USD 2,269 for the rest of my life.
I am currently aiming to save/invest
approximately USD
2,500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 1,200,000
in 0 years and -5 months,
in December 2024, and at that time I will be
44 years old.
By that time I will have invested/saved
another USD 147,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
371,652