azphx1972's Net Worth for June 2021


Assets Value Change ($) Change (%)
Cash $156,970 $6,050 4.01%
Stocks $721,710 $17,910 2.54%
Retirement $2,021,340 $32,720 1.65%
Home $500,000 - -
Other Real Estate $0 - -
Cars $150,000 - -
Personal Property $0 - -
HSA $31,400 $740 2.41%
Other Assets $0 - -
$3,581,420 $57,420 1.63%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $479,350 $3,010 0.63%
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $1,000 $260 35.14%
Car Loans $2,440 ($610) (20.00%)
Other Debts $0 - -
Total Debts $482,790 $2,660 0.55%
Net Worth $3,098,630 $54,760 1.80%
*All values shown in USD ($)
Notes:
Refinanced mortgage again to take advantage of lower rates. Also, retirement accounts crossed 2M for the first time!

Comments

7/13/2021 3:41:57 PM sertra2002
Congrats on reaching 2 Mil on retirement accounts. Curious to know what you think or are working towards as a retirement target amount?
7/17/2021 9:25:55 AM azphx1972
@sentra2002 thanks! I am aiming for early retirement and the 4% rule from the Trinity Study is a bit too aggressive for my personal tastes, so I am planning on a 3% safe withdrawal rate, which has a 0% historical failure rate based on Monte Carlo simulations I've run (using tools such as FIRECalc and cFIREsim). I'd also like to Fat FIRE and be able to spend up to $100k per year in retirement, so using that amount with my desired SWR leads to a target FIRE number of $3.33M in income producing investments. I'm hoping to get there within the next 3 years, which should be feasible based on historical stock market returns, but we will see! Looks like you're doing a great job yourself (congrats on crossing the 3M milestone btw), so thanks for the discussion and cheers!