Net worth update per
This is madison0593'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 234,000 and my FI portfolio was USD 130,000.
Net worth
USD 234,000
FI portfolio
USD 130,000
I am now 4.3% on my way to achive my FIRE target of USD 3,000,000.
USD 130,000 FIRE target: USD 3,000,000
FI portfolio
My FI portfolio now consists of USD 30,000 (23.1%) in investments, USD 40,000 (30.8%) in retirement accounts, and USD 60,000 (46.2%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 433 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
My age
68
I am currently aiming to save/invest
approximately USD
500
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 3,000,000
in 36 years and 11 months,
in , and at that time I will be
68 years old.
By that time I will have invested/saved
another USD 253,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
2,617,000