2 years ago, there was a poll that asked what people's net worth is.
That's useful info to know, but it didn't tell us how well their plan is working.
If you're aiming for a given amount of passive income, via whatever plan you're using, how close are you?
For example, if you're aiming for a passive income of $40,000 using a 4% SWR via a 100% stocks and bonds portfolio, and your portfolio is now worth $500,000, you're at 50%.
If you're planning on $20,000 in rental profits and $20,000 in stock/bond profits at a 5% withdrawal rate, then if your current rental profits are $12,000 and your stock/bond portfolio is $160,000, you're at 50%, too.
If you're going to sell your $500,000 paid for house with a realtor and buy a $200,000 house and invest the rest at in stocks and bonds with a 4% SWR, then you can count the equity as $300,000 * .094 (less realtor costs) as $282,000, which would shed off $11280. Technically you have zero passive income, from this source, but, heck, the purpose is to figure out how close you are, and you're a lot closer than someone who doesn't have $300,000 in house equity that they can (and will) convert to stocks!
Oh, if you've got a $500,000 paid for house but you're not going to sell it when you FIRE, it counts as $0 towards your target income.
If you participated in the last 2 years, add a comment to let us know which categories you are in now and where you were in prior years.
I'm curious! Enquiring minds want to know! :)
You can see last year's poll here if you're interested in comparing results:
https://forum.mrmoneymustache.com/welcome-to-the-forum/what's-your-current-eoy-2017-of-your-target-passive-income/And the poll 2 years ago here:
https://forum.mrmoneymustache.com/welcome-to-the-forum/how-close-to-fi-are-you-what's-your-current-of-your-target-passive-income