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 , my net worth was USD 79,500 and my FI portfolio was USD 96,500.
I am now 3.9% on my way to achive my FIRE target of USD 2,500,000.
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.
If I quit working today, my monthly pay out would be USD 321 for the rest of my life.
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 21 years and 0 months,
in , 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