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 2020-02-20T00:00:00Z, my net worth was USD 34,042 and my FI portfolio was USD 34,857.
I am now 1.0% on my way to achive my FIRE target of USD 3,500,000.
My FI portfolio now consists of USD 13,000 (37.3%) in investments, USD 14,675 (42.1%) in retirement accounts, and USD 7,182 (20.6%) in cash.
If I quit working today, my monthly pay out would be USD 116 for the rest of my life.
I am currently aiming to save/invest
approximately USD 3,500
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 3,500,000 in 21 years and 7 months, in 2041-11-20T00:00:00Z, and at that time I will be 46 years old.
By that time I will have invested/saved another USD 913,500, while the rest will be return on my existing FI portfolio and the new investments, in total USD 2,551,643