Early Retirement Tracker – March 2021

My retirement estimate for March 2021 is based on February’s net worth. Last month was a bit of a rebound for my cash accounts, with a nice increase in my investments. I’m still off from the all-time high, but I’m expecting this estimation to show good results this month.

A reminder of the three ways I will track 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:

I’m basically back around where I was with the January calculation at a slightly lower net worth. I’m hoping that I can bring this down even further in the coming months.

Retirement estimation if I never save another dollar:

I’m still able to retire at the “normal” retirement age without saving another dollar, which is always a nice confidence boost that I’m doing the right thing.

Photo by TE LUN OU YANG on Unsplash

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