I'm stealing Haypug's post:

Year End Update

X= Yearly Expenses

~~2017 - Stache at 1x $50,000 - Ending Balance $217,000~~

2018 - Stache at 2x $100,000 - Ending Balance $314,000 = 6.3x expenses

2019 - Stache at 2.5x $150,000

2020 - Stache at 4x $200,000

2021 - Stache at 6x $300,000

2022 - Stache at 8x $400,000

2023 - Stache at 10x $500,000

2024 - Stache at 12x $600,000

2025 - Stache at 14x $700,000

2026 - Stache at 16x $800,000

2027 - Stache at 18x $900,000

2028 - Stache at 20x $1,000,000

2029 - Stache at 22x $1,100,000

2030 - Retire by end of year with 25x yearly expense rate $1,250,000

We gave birth to our son in November 2018, and we'll see if my wife keeps working, and if so for how long. We are through 2021 in terms of numbers which puts us in a good position for 2030 (3 years ahead), but if she quits working, those multipliers will catch up fast!

My stache includes all net worth (equities, cash, and home equity) because my FIRE number assumes a mortgage payment, so my home equity could be cashed out for this purpose.

Just sold our house and got a bit more than we thought we would for it, so updating my numbers as a "Mid Year" mark because we crossed off another year (trending past 2022).

Rough numbers:

Retirement / Investment: $200,000

Real Estate: $170,000k

Cash/Savings/Emergency: $35,000

Mid-Year End Update

X= Yearly Expenses

~~2017 - Stache at 1x $50,000 - Ending Balance $217,000~~

2018 - Stache at 2x $100,000 - Ending Balance $314,000 = 6.3x expenses

2019 - Stache at 2.5x $150,000

2020 - Stache at 4x $200,000

2021 - Stache at 6x $300,000

2022 - Stache at 8x $400,000

2023 - Stache at 10x $500,000

2024 - Stache at 12x $600,000

2025 - Stache at 14x $700,000

2026 - Stache at 16x $800,000

2027 - Stache at 18x $900,000

2028 - Stache at 20x $1,000,000

2029 - Stache at 22x $1,100,000

2030 - Retire by end of year with 25x yearly expense rate $1,250,000

2019 Year End update!

So, over the last year i have come to realized i was tracking against my NW, when really i should have been looking at my portfolio only. With that in mind, then I need to adjust some of my progress backwards... :(

My portfolio definitely still grew in 2019, but I did withdraw 30k to use towards a downpayment on a house, and because i was tracking NW instead of portfolio, my number goes down a bit. Here we go for 2019 (even though there are still 2 weeks left!!)

Year End Update

X= Yearly Expenses

~~2017 - Stache at 1x $50,000 - Ending Balance $63,000 (but missing 1 account from tracking)~~

2018 - Stache at 2x $100,000 - Ending Balance $165,000 = 3.3x expenses (Missing account got added to personal capital, so historical data is accurate)

2019 - Stache at 2.5x $150,000 - Ending Balance $236,000 = 4.7x expenses

2020 - Stache at 4x $200,000 2021 - Stache at 6x $300,000

2022 - Stache at 8x $400,000

2023 - Stache at 10x $500,000

2024 - Stache at 12x $600,000

2025 - Stache at 14x $700,000

2026 - Stache at 16x $800,000

2027 - Stache at 18x $900,000

2028 - Stache at 20x $1,000,000

2029 - Stache at 22x $1,100,000

2030 - Retire by end of year with 25x yearly expense rate $1,250,000

NW is at $418,000 with cash accounts and home equity added to the investment portfolio above.

Because i was using NW instead of investment portfolio, my confidence in staying on track is shaking a little bit, but i'm still about 1.5 years "ahead," but if my wife quits working, it will be tough! After i took out $30k for home purchase from the stash, i can definitely see a hit - that's over 10% of my total portfolio!

My year end will probably end up closer to 245k as i know my wife will have another 3k of 401k contributions, and i have another $1k in HSA contribution left for the year!

NW Breakdown:

Home Value: $415,000

Mortgage: $247,000

Cash: $15,000

Investment: $238,000