Net worth update per February 27th 2020
This is midman95'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 February 27th 2020, my net worth was USD 79,500 and my FI portfolio was USD 96,500.
Net worth
USD 79,500
FI portfolio
USD 96,500
I am now 3.9% on my way to achive my FIRE target of USD 2,500,000.
USD 96,500 FIRE target: USD 2,500,000
FI portfolio
My FI portfolio now consists of USD 12,000 (12.4%) in investments, USD 42,000 (43.5%) in retirement accounts, and USD 42,500 (44.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be USD 321 for the rest of my life.
Retire today with (USD)
When can I retire?
FI date
April 2045
My age
49
I am currently aiming to save/invest
approximately USD
1,300
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 2,500,000
in 19 years and 11 months,
in April 2045, and at that time I will be
49 years old.
By that time I will have invested/saved
another USD 392,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
2,010,900