This is my 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 2018-05-02T00:00:00Z, my net worth was USD 7,267 and my FI portfolio was USD 28,657.
I am now 1.4% on my way to achive my FIRE target of USD 2,028,571.
My FI portfolio now consists of USD 858 (3.0%) in investments, USD 12,374 (43.2%) in retirement accounts, and USD 15,425 (53.8%) in cash.
If I quit working today, my monthly pay out would be USD 95 for the rest of my life.
I am currently aiming to save/invest
approximately USD 2,289
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 2,028,571 in 23 years and 7 months, in 2043-10-02T00:00:00Z, and at that time I will be 52 years old.
By that time I will have invested/saved another USD 698,145, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,301,769