Early Retirement Tracker – June 2018

Tracking my retirement number is just as exciting for me as tracking net worth, because they are so tied together. I love being able to watch my net worth go up, and seeing my target retirement date go down! Unfortunately that was not the case so much in June, as expenses caused the total amount needed for retirement to go up, cancelling out the net worth growth. When I first went to run the numbers, I actually expected things to look much better than this. It’s a perfect example of how your expenses are just important as your total savings when it comes to establishing a safe withdrawal rate and a targeted total amount.

Retirement estimation based on 4% market growth:

Retirement estimation based on 7% market growth:

Because of the larger than normal increase in spending this past month, retirement estimations are basically the same as last month. If we are basing things off 4% growth, my target retirement date has actually gone up a bit!

Retirement estimation if I never save another dollar:

Not much change here either, things remain almost completely flat even with the increase of net worth in May. The increase in savings was obviously not enough to offset that increase in spending though.

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