Hola 2020 compadres ...
July Highlights:
- Another good month of meeting our saving and giving goals ... we went ahead and booked some international airfares for a 2020 trip we'll be taking, so next month will see a bit of a dip to pay that off. Overall we made minor progress up this month. Given I take the snapshot on the first day of each month, yesterday's market decline kept us officially below the 90% progress marker toward our ultimate goal. I was thinking we'd hit that today, but no such luck. Onward!!
- After some fun vacation time in June, I still managed to minimize my office time during July due to my 2 weeks of remote work while supporting my aging parents out-of-state. That was time well-spent, and I felt overall like I was really productive this month @ work, both in and out of office. Good balance, which I'm thankful for.
- Travel: Both August and September will include international work trips to break up the routine, and September will feature a vacation with friends to our future FIRE location! Hopefully by then it starts to cool off down here, as the summer starts to dissipate. We are currently in the general mode of saying "YES" to everything that comes our way when it comes to time with friends, trips and opportunities, etc. This is really helping ensure we balance making the most of TODAY while looking forward to the FUTURE.
- As of today, our NW provides the following: a paid-off FIRE home, fully-funded FIRE lump sums (giving, renovation budget, new car) and a WR of 4.40% 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 reach our ultimate WR goal of 3.75% by Q4-2020, but who knows what lies ahead. My whiteboard countdown tracker now shows 19 months 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 sums 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%
JUL 2019 89.6%
Have a great August!
FIREby2021