Hello all.
It was recommended to me from Couponvan that I join this thread. I'm currently at about 1.4 mil in invested assets (a mix of a brokerage account, annuity, REIT, 401K, cash and savings). Much of my gains lately have been thanks to the unbelievable stock market and I'm hoping to hit 2 mil within four years at which point I'll consider myself FIRE-D at 48 (I'm currently 44). Happy to be here and add to the discussion or answer any questions.
Hi everyone. I thought I'd check back in and provide an update on my finances. Currently at around 1.7 mil in invested assets (about 2.0 mil NW, but I'm not counting my home in this calculation, so I'm staying in this 1M - 2M group). Most of the extra 300K since Jan. 2018 has come via market returns, and additional savings (including 100K from the partial sale of part of the business I have a stake in). My current assets breakdown is approx.:
-Morgan Stanley Brokerage Acct. - 850K
-Fidelity Acct. (cash and ETFs) - 30K
-401k - 535K
-CDs - 200K
-Savings - 65K
-Checking - 20K
In addition, I've moved my FIRE date up to March/April 2020 (or sooner, can't take the rat race anymore), lowered my FIRE age to 46 (I'm currently 45) and I've lowered my desired FIRE stash to 1.8 mil. (or whatever I have in 10 or 11 months from now). Anyway, I hope everyone is well on their way to their goal and making good progress towards freedom!
Hey fellow MMMers,
I hope everyone is doing well, staying safe and prospering financially.
It's been a while since I posted an update, but I've officially graduated from the club. It's been a wild year both professionally (I officially FIRE'd last March), and financially (March/April were scary times, but the market has been on an amazing tear since).
Here's approximately where I currently stand as of today:
* MS brokerage - 1,166,000 (which includes a balanced portfolio of stocks, about 215,000 in an annuity and 60,000 in cash)
* 401K - 678,000
* Checking - 20,000
* Savings - 118,000
* CD - 100,000
TOTAL - 2,082,000
Again, I hope you all are well on your way to your goals and let's all hope that the market keeps cooperating!
Cheers,
-bee