This is frogg983'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 312,187 and my FI portfolio was USD 312,187.
I am now 12.5% on my way to achive my FIRE target of USD 2,500,000.
My FI portfolio now consists of USD 30,314 (9.7%) in investments, USD 235,780 (75.5%) in retirement accounts, and USD 46,093 (14.8%) in cash.
If I quit working today, my monthly pay out would be USD 1,040 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 2,500,000
in 14 years and 9 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another USD 228,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,959,813