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 2020-02-21T00:00:00Z, my net worth was USD 310,000 and my FI portfolio was USD 108,000.
I am now 10.8% on my way to achive my FIRE target of USD 1,000,000.
My FI portfolio now consists of USD 88,000 (81.5%) in retirement accounts, and USD 20,000 (18.5%) in cash.
If I quit working today, my monthly pay out would be USD 360 for the rest of my life.
I am currently aiming to save/invest
approximately USD 1,380
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,000,000 in 14 years and 11 months, in 2035-03-21T00:00:00Z, and at that time I will be 49 years old.
By that time I will have invested/saved another USD 249,780, while the rest will be return on my existing FI portfolio and the new investments, in total USD 642,220