Early Retirement Extreme Forums

2020 update SWR (budget): 2.27%. 2021 budget unchanged. Net worth: USD 1,180,681, up 7,1% compared to last year in my local currency (DKK), more in USD as the dollar has weakened. Asset allocation: Stocks 45%, Rentals 41%, Bonds 8% and Cash 6% I have been a net seller of stocks this year. One new a...

48% stocks, 40% rental properties, 9% bonds, 3% cash

2019 update SWR (budget): 2.34%. For 2020 our budget will increase and the new SWR (budget) will be 2.43% Net worth: USD 999,374 (getting really close to 7-figures) Asset allocation: Stocks 50%, Rentals 37%, Bonds 9% and Cash 4% Sold some stocks in the last months of 2019 (to reduce risk and up my ...

You're doing well for sure

What kind of real estate investments are you invested in? (if you don't mind sharing).

An update – sure no problem :D Numbers from last month: SWR (budget): 2.42 % (or 4.83 % including my wife’s part of our expenses) Net worth: USD 956,238 (new all-time high) TTM expenses are at 93% of budget, despite August was an expensive month; car needed major repair, we were on holiday and prepa...

wizards HQ: 1250 sq feet, 2 adult, 2 kids (5 and 3), spending 2018 pr person $9,395

1) Housing 41.1% (55% of this is mortgage)
2) Food/Personal Care/Household 19.6%
3) Transportation 13.9% (1 car + train tickets)
4) Travel/vacations 10.5%
5) Kids 9.6%

Thx.

I guess about 15 hours a week.

Yes, it took som nerves.

Thank you - funny coincidence

Time for a new entry. Numbers are at all-time-high: SWR (budget): 2.55 % - Net Worth USD 928,605 TTM expenses are at 95 % of budget But this will soon be changed – Wife gave notice to her employer – last paycheck will arrive end of June. She has savings and investments, but our agreement is that I w...

Calculate the cost of taking out a loan to cover the two years of expenses and paying back the loan with part of the 25% lump-sum. Compare this to the extra amount of taxes you need to pay to save up the 2 years of living expenses. I guess the loan will be the smartest, and in cases like this, debt ...

One more year working part time from home has passed. And yes, still doing part time, but for a change there is now a clearer goal doing this. We are planning for my wife to take a year off starting July this year. As she’s not FI (yet), my income from part time work will pay for this. If this works...

How do you calculate 3.3%? According to Numbeo, the cost of living in Denmark is about 25% higher, and you have a 27% tax on dividends. That should take roughly half off of the table, leaving you with a SWR of 2%. Are there other elements in play that affect the numbers? Unless of course you accept...

36:03 - The rule of thumb is given as 30x annual expenses (3.3% WR), I wonder if this is standard in Danish FIRE or if Jacob had a role in recommending this over 25x? I do not participate in the show, but have had a few phone calls with Eva who is behind the show. I think this one is on me, it is m...

Nice list.

Btw I was 36 when I quit / reached FI and it was in 2015

If you need more info, not included in the journal, please let me know.

Hope a short update will do. Numbers (April 2018) SWR: 2.91 % Networth: USD 864,046 Asset allocation: Stocks 53 %, Rentals 30 %, Bonds 11 %, Cash 6% Spending is still below budget but not much. The Apartment experiment: Last month I bought a small apartment on foreclosure/auction. The price includin...

Thank you

Think I wanna do some kind of for/against list for a start.

CV / connection with the job market - there is a value here, but not one that I personally value much..

@euruka

Thank you.

It might very well be one of the reasons.

For me the transition from full time (+37 + commute) to part time from home has been the right choice. But after doing this 2½ years, it might be time to a change - but still not sure if and when

Favourite time of the year – time to update a lot of excel files ;) Still working part time, but seriously thinking about quitting, it´s easy money but it takes time from other perhaps more interesting “projects” Since March 2017 I have put 80% of the after-tax earnings from the part time job to a s...

Congrats, with at bit of luck this will be your last job

Buy or build something like this?:

https://www.landhave.dk/produkt/snegleh ... gKBsPD_BwE

We haven´t had slug problems, so can't guarantee it works...