Net worth update per
This is FMCTandP'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 130,000 and my FI portfolio was USD 130,000.
Net worth
USD 130,000
FI portfolio
USD 130,000
I am now 5.7% on my way to achive my FIRE target of USD 2,285,000.
USD 130,000 FIRE target: USD 2,285,000
FI portfolio
My FI portfolio now consists of USD 37,000 (28.5%) in investments, USD 68,000 (52.3%) in retirement accounts, and USD 25,000 (19.2%) 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
49
I am currently aiming to save/invest
approximately USD
4,200
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 2,285,000
in 4 years and 7 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another USD 1,083,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
1,071,400