May 31st, 2025 at 06:40 pm
Finally a decent month for retirement growth. We're at Coast FIRE with a surplus of $72K; the calculator says I could plan to retire at 64 instead of 65 and still be Coast!
It really really burns me that while I'm riding the waves of market volatility, all sorts of speculators with inside info are getting even richer by figuring out when some stupid Trump move is gonna make the market crash and rise again. But whatever. Just gonna keep on keeping on.
| Assets |
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| NT's UK pensions: |
|
|
|
| AV1: 29,509 pounds |
$36,886 |
|
|
| SW: 37,117 pounds |
$46,396 |
|
|
| AV2: 7,971 pounds |
$9,964 |
|
|
| NT's trad. rollover IRA |
$137,592 |
|
|
| NT's Roth IRA |
$91,861 |
|
|
| NT's SEP IRA |
$7,876 |
|
|
| NT's AAC acct |
$10,331 |
|
|
| AS's trad. rollover IRA |
$34,387 |
|
|
| AS's Roth IRA |
$129,224 |
|
|
| AS's SEP IRA |
$92,507 |
|
|
| AS's Nevada acct (approx amt) |
$380 |
|
|
| CJ's trad. rollover IRA |
$294,079 |
|
|
| CJ's Roth IRA |
$99,202 |
|
|
| CJ/NT/AS house ($643,000 value -6%) |
$604,420 |
|
|
| CJ/NT/AS rental property ($599,000 value -6%) |
$563,060 |
|
|
| TOTAL ASSETS |
$2,158,165 |
retirement only: |
$990,685 |
| |
|
|
|
| Debt |
|
|
|
| Main mortgage |
$326,698 |
|
|
| Rental property mortgage |
$373,651 |
|
|
| Loan from friends (main house) |
$9,000 |
|
|
| TOTAL DEBT |
$709,349 |
|
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| |
|
|
|
| Current Estimated Net Worth May 2025 |
$1,448,816 |
|
|
| |
|
|
|
| March 2025 estimate: |
$1,409,271 |
|
|
| |
|
|
|
| Change in net worth |
$39,545 |
|
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| |
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| |
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| COAST FIRE: |
https://walletburst.com/tools/coast-fire-calc/ |
|
|
| retirement goal |
$1.59 million by 2039 (CJ age 65) |
|
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| |
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| Current age: 51 |
|
|
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| Retirement age: 65 |
|
|
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| Annual spending in retirement: $63,600 |
|
|
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| Monthly contribution: $250 |
|
|
|
| Investment growth rate: 7% |
|
|
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| Inflation rate: 3% |
|
|
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| Withdrawal rate: 4% |
|
|
|
| Current invested assets |
$990,685 |
|
|
| Coast FIRE number at current age |
$918,185 |
|
|
| Current status: at Coast FIRE with surplus: |
$72,500 |
|
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| |
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| |
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| Coast FIRE budget |
|
|
|
| Ideal budget |
Monthly |
|
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| Housing |
$0 |
(rent will cover prop expenses) |
|
| Healthcare |
$1,500 |
|
|
| Groceries |
$1,000 |
|
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| Fun |
$1,500 |
|
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| Travel |
$1,000 |
|
|
| Utilities |
$500 |
|
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| Giving |
$500 |
|
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| Home improvement |
$500 |
|
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| Gifts |
$250 |
|
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| Transportation |
$250 |
|
|
| Monthly |
$7,000 |
|
|
| Minus add'l rental income |
-$1,700 |
|
|
| Total monthly |
$5,300 |
|
|
| Annual |
$63,600 |
|
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| |
|
|
|
| SSN estimates 2024 |
Start age 62 |
Start age 70 |
|
| Monthly benefit |
$4,200 |
$7,200 |
|
| Plus monthly from retirement |
$5,300 |
$5,300 |
|
| Total monthly |
$9,500 |
$12,500 |
|
Posted in
Tracking Net Worth
|
5 Comments »
June 4th, 2025 at 08:33 pm 1749069199
June 5th, 2025 at 09:32 am 1749115945
June 7th, 2025 at 12:11 am 1749255065
I agree Tabs. I've never voted for a Republican but others look a lot better by comparison! (Though most of the halfway reasonable/honorable ones have been voted out and replaced with Trump puppets...)
June 8th, 2025 at 07:53 pm 1749412389
My mom incorrectly took it at 62, but mostly because she should have taken 50% from my dad already retired and 21 years older. Then held her off until 70. She was foolish because she was in the group of women who could have done it.
June 13th, 2025 at 06:35 pm 1749839742
I agree Tabs and ceejay74...it's painful to see the losses. A little is made up, but then a bigger loss.