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 2020-02-13T00:00:00Z, my net worth was USD 24,283 and my FI portfolio was USD 25,758.
I am now 1.5% on my way to achive my FIRE target of USD 1,750,000.
My FI portfolio now consists of USD 2,402 (9.3%) in investments, USD 15,381 (59.7%) in retirement accounts, and USD 7,975 (31.0%) in cash.
If I quit working today, my monthly pay out would be USD 85 for the rest of my life.
I am currently aiming to save/invest
approximately USD 1,560
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,750,000 in 22 years and 5 months, in 2042-08-13T00:00:00Z, and at that time I will be 59 years old.
By that time I will have invested/saved another USD 421,200, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,303,042