Author Topic: Halfway!  (Read 2437 times)

englyn

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Halfway!
« on: May 02, 2016, 12:54:31 AM »
At current spending rate, and current asset valuation: I am 51% of the way to my FI number.

Woohoo!

(using 5% withdrawal rate, with safety nets of a large travel budget that could be optional if need be and also that I've no intention of never earning any more money after FI)

If I kept up exactly what I'm doing now and the stock market averages its long term average, I would be FI by 2020. However, neither of those things is all that likely to happen...

mrcheese

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Re: Halfway!
« Reply #1 on: May 02, 2016, 01:25:34 AM »
good stuff!

nereo

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Re: Halfway!
« Reply #2 on: May 02, 2016, 06:16:18 AM »
At current spending rate, and current asset valuation: I am 51% of the way to my FI number.


Congrats.  Also - if your savings are 51% of your FI number you are way more than half-way. It's an exponential relationship - all things equal the second half of saving should take substantially less (about half the time) as aquiring the first half.

HappierAtHome

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Re: Halfway!
« Reply #3 on: May 02, 2016, 06:45:41 AM »
Congrats englyn!!

TravelJunkyQC

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Re: Halfway!
« Reply #4 on: May 02, 2016, 07:02:31 AM »
Awesome, congrats!!

limeandpepper

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Re: Halfway!
« Reply #5 on: May 02, 2016, 08:47:53 AM »
Fantastic!! 2020 is not far away at all!!