Hello team-2020!
June Highlights:
- Mirror image of May, from a financial perspective. After 2 months of (expected) low savings months, we got back on track with our regularly scheduled savings program. Also nice to see positive market performance, with quarterly dividends playing the role of savings accelerator. At the mid-way point of 2019, our NW stands at an all-time high-water mark. Markets swing up and down, but we expect to have steady savings rates through the EOY to keep the overall stache movement in a positive direction.
- While May was a month full of long-weekend mini-adventures, June was a month where we finally took a real vacation break. Spent a week in Maine hiking around Acadia National Park (fun!), and spent some time in the TX hill country for some refreshing, relaxing days afterward. July kicks off with a long weekend, then I plan working remotely for 2 weeks while continuing to support my aging parents out-of-state.
- As of today, our NW provides the following: a paid-off FIRE home, fully-funded FIRE lump sums (giving, renovation budget, replacement car) and a 4.42% WR based on our projected annual spend (living expenses, taxes, home maintenance, travel, healthcare, etc.).
- Countdown: Assuming monthly progress on par with our historic averages, we should clip sub-4% by Q1-2020 en-route to our ultimate goal of 3.75% by Q4-2020, but who knows what lies ahead. My whiteboard countdown tracker now shows 20 months remain to reach our most-likely FIRE target timing of Q1-2021.
EOY 2015 = 53.8%
EOY 2016 = 67.8%
EOY 2017 = 75.5%
EOY 2018 = 81.6%
// FI target defined as 3.75% SWR, mortgage-free + giving/lump sum funded //
END OF MONTH PROGRESS:
JAN 2019 84.5%
FEB 2019 86.9%
MAR 2019 88.4%
APR 2019 89.0%
MAY 2019 86.1%
JUN 2019 89.3%
Peace out!
FIREby2021