This is my #3 net worth update. Please check out my profile here for more information. As of 2020-02-20T00:00:00Z, my net worth increased to USD 652,000 and my FI portfolio increased to USD 537,000
I am now 26.9% on my way to achive my FIRE target of USD 2,000,000. This is 2.2 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of USD 77,000 (14.3%) in investments, USD 422,000 (78.6%) in retirement accounts, and USD 38,000 (7.1%) in cash.
Since my last update, my investments increased with USD 31,000 (67.39%).
Since my last update, my retirement accounts increased with USD 8,000 (1.93%).
If I quit working today, my monthly pay out would be USD 1,790 for the rest of my life.
I am currently aiming to save/invest
approximately USD 3,000
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 2,000,000 in 9 years and 10 months, in 2030-02-20T00:00:00Z, and at that time I will be 44 years old.
By that time I will have invested/saved another USD 360,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,103,000