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 48,477 and my FI portfolio was USD 50,638.
I am now 2.9% on my way to achive my FIRE target of USD 1,750,000.
My FI portfolio now consists of USD 1,170 (2.3%) in investments, USD 43,000 (84.9%) in retirement accounts, and USD 6,468 (12.8%) in cash.
If I quit working today, my monthly pay out would be USD 168 for the rest of my life.
I am currently aiming to save/invest
approximately USD 750
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 26 years and 2 months, in 2046-05-13T00:00:00Z, and at that time I will be 58 years old.
By that time I will have invested/saved another USD 236,250, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,463,112