Sep 18

Early Retirement Tracker – May 2018

We’re finally making some progress again, this was welcome news when I went to calculate all of this in May. This was to be expected based on the net worth increase in April, but it’s always nice when the numbers are able to confirm it. The temporary lower expenses may have boosted my retirement estimation target the past few months, but now I know that my net worth will be the contributing factor.

Continue reading

Apr 19

Early Retirement Tracker – April 2018

There’s not too much to report once again this month, with my net worth remaining flat. Probably the only variable that has really changed is the fact that I’ve increased my savings rate by bumping up my 401k contribution rate by another percent. I still feel like money has been accumulating in my checking account, and I’d rather be putting that excess into the market where it will hopefully be earning money.  When money is just sitting in my checking account I know it won’t be doing anything!

Continue reading

Mar 26

Early Retirement Tracker – March 2018

I’m not expecting too much from this analysis for March with the fact that my net worth actually decreased in February. But I do think it’s important to keep doing this to see the long-term trends and flat areas, like over the past three months. As long as I continue to save the same percentage of my income, the market should return at a positive rate over a longer time period. Obviously these things are not guaranteed, but growth is necessary for an early retirement.

Continue reading

Jan 17

Early Retirement Tracker – January 2018

We are now 17 days into the new year, yet I’m still typing/writing out 2017 whenever doing anything. Hopefully I’ll get over that by the end of the month! It’s time to bring you the second edition of my early retirement tracker, where I take a look behind exactly how much I need to save, and for how much longer. I started tracking this back in October, but just published the first post in December to establish a bit of a trend before I shared it with the world. I think that watching the years count down are a huge motivation for me, probably even more so than watching my portfolio grow. And that’s not to say I am wishing away this time, I intend to fully enjoy my time both while working and when financially independent.

Continue reading

Dec 21

Early Retirement Tracker – December 2017

I’m going to start a new post going forward to compliment my net worth update post. While that post will continue to focus on tracking current net worth and my expenses for the previous month, this one will be more concerned with the math behind how quickly and how I will be achieving financial independence. I love tracking this sort of thing, because even if it’s so far into the future at this point – it’ll be nice to track the progress that I make towards the goal. And hopefully as that date gets closer and closer, the numbers will form a consensus and I’ll have a more tangible date. A lot of things can change in the next 10-15 years both financially and in life!

Continue reading