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 2008-12-31T00:00:00Z, my net worth was USD 130,000 and my FI portfolio was USD 130,000.
I am now 5.7% on my way to achive my FIRE target of USD 2,285,000.
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.
If I quit working today, my monthly pay out would be USD 433 for the rest of my life.
I am currently aiming to save/invest
approximately USD 4,200
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 10 years and 2 months, in 2030-06-30T00:00:00Z, 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