Early Retirement Tracker – December 2018

Here is my retirement estimate for December 2018, based off of November’s progress.

A reminder of the three ways I will tracking my progress:

  1. The first way will actually be with a simple excel calculator that I made. I’ll plug in my current monthly expenses, savings rate, and net worth. And the calculator will say just how long I have until retirement. Maybe it will say that I can retire tomorrow?
  2. The second way I’ll be calculating this is through an equation and the help of Wolfram Alpha.
  3. The third and final way I’ll be calculating my early retirement date is with the help of Mad Fientist Laboratory. I’ll input expenses, savings, and net worth and let his calculations do the rest of the work.

Retirement estimation based on 4% market growth:

Retirement estimation based on 7% market growth:

Slightly down this month, which is right in line with my net worth estimates. My savings rate continues to be steady, so it all depends on the direction of the market at this point. Retirement is a long way off, so I just have to ignore the fluctuations and keep putting my money in the market where it will grow for me.

Retirement estimation if I never save another dollar:

This is going to be a slower drop, but I think I’ll be back to where I was before early next year.

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