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 2019-01-01T00:00:00Z, my net worth was USD 491,000 and my FI portfolio was USD 391,000.
I am now 19.6% on my way to achive my FIRE target of USD 2,000,000.
My FI portfolio now consists of USD 48,000 (12.3%) in investments, USD 307,000 (78.5%) in retirement accounts, and USD 36,000 (9.2%) in cash.
If I quit working today, my monthly pay out would be USD 1,303 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 10 years and 6 months, in 2030-11-01T00:00:00Z, and at that time I will be 45 years old.
By that time I will have invested/saved another USD 426,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,183,000