This is teamluther'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 124,010 and my FI portfolio was USD 36,944.
I am now 2.5% on my way to achive my FIRE target of USD 1,500,000.
My FI portfolio now consists of USD 102 (0.3%) in investments, USD 27,278 (73.8%) in retirement accounts, and USD 9,564 (25.9%) in cash.
If I quit working today, my monthly pay out would be USD 123 for the rest of my life.
I am currently aiming to save/invest
approximately USD
1,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 1,500,000
in 19 years and 6 months,
in , and at that time I will be
56 years old.
By that time I will have invested/saved
another USD 287,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,176,056