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 2020-02-22T00:00:00Z, my net worth was USD 677,000 and my FI portfolio was USD 619,000.
I am now 15.5% on my way to achive my FIRE target of USD 4,000,000.
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.
If I quit working today, my monthly pay out would be USD 2,063 for the rest of my life.
I am currently aiming to save/invest
approximately USD 7,500
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 11 years and 7 months, in 2031-11-22T00:00:00Z, 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