Net worth update per
This is Eric'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 677,000 and my FI portfolio was USD 619,000.
Net worth
USD 677,000
FI portfolio
USD 619,000
I am now 15.5% on my way to achive my FIRE target of USD 4,000,000.
USD 619,000 FIRE target: USD 4,000,000
FI portfolio
My FI portfolio now consists of USD 494,000 (79.8%) in investments, USD 122,000 (19.7%) in retirement accounts, and USD 3,000 (0.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 2,063 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
My age
42
I am currently aiming to save/invest
approximately USD
7,500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 4,000,000
in 7 years and 6 months,
in , and at that time I will be
42 years old.
By that time I will have invested/saved
another USD 1,057,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
2,323,500