SWR milestone record

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mrcupcake
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Joined: Wed Apr 10, 2013 5:47 am

Re: SWR milestone record

Post by mrcupcake » Fri Dec 23, 2016 1:23 pm

December, 2016 - 4%

I plan to update my journal soon. I first crossed 4% last month, but then I paid property taxes/insurance and went back over. This time feels more solid, since all my known bills are paid and I have rent coming in shortly. I used to think this moment would be like a birth, but now it feels more fluid and arbitrary.

2Birds1Stone
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Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Sun Jan 15, 2017 11:36 am

January 2016 SWR Milestones

Current spending - 9.48% (10.5 X annual expenses)
Barebone FI - 6.22% (16X annual expenses)

Things are moving in the right direction!

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distracted_at_work
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Location: Western Canada

Re: SWR milestone record

Post by distracted_at_work » Wed Jan 18, 2017 3:28 pm

First year of full-time work... 32% (S)WR - say 3X annual expenses

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Gilberto de Piento
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Re: SWR milestone record

Post by Gilberto de Piento » Wed Mar 01, 2017 9:45 am

In the single digits today at 9.9% SWR! :D

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bryan
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Location: mostly Bay Area

Re: SWR milestone record

Post by bryan » Wed Mar 01, 2017 1:20 pm

adding SR inline
bryan wrote: YEAR: WR, SR
2011: 85%, 57%
2012: 29%, 54%
2013: 22%, 50%
2014: 18%, 63%
2015: 9%, 75%

projected 2016: <6%
2016: 7%, 72%
projected 2017: 6%, 69%

Again, bittersweet that I've predicted 6% three times now! The misclick this time comes from an increase in spending. I moved in w/ the GF after 2 years in the van. So I have increased my spending by an apparent amount via mostly rent. In the long run, if we consider finances to be joined, it's saving money, I suppose :/ Just need to convince the GF to share the van with me while she lives an otherwise normal life? Get her own van?

Of course ignoring the GF and any future spendings for starting a family, I could be right around 4% WR (also assuming ACA). I've also got a few tricks up my sleeve I'm hiding from my spreadsheets too..
Last edited by bryan on Wed May 03, 2017 1:21 am, edited 4 times in total.

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Kriegsspiel
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Re: SWR milestone record

Post by Kriegsspiel » Sat Apr 01, 2017 8:56 am

4/2013 10.5%
4/2014 6%
4/2015 4.1%
4/2016 2.7%
4/2017 4.9%

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C40
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Re: SWR milestone record

Post by C40 » Sat Apr 01, 2017 9:44 am

Update:

Update:
End of year numbers:
2010: 16%
2011: 11%
2012: 8%
2013: 6%
2014: 4%
2015: 6% (Higher because of increased spending on Van and house improvements)
2016: 4%

Current:
At rolling 12 month actual spending: 3.2%
At projected forward spending ($15k/yr): 2.7%

My spending is going down to about $750 per month, so my year end 2017 number may be around 2.5%

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Olaz
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Re: SWR milestone record

Post by Olaz » Sat Apr 01, 2017 9:46 am

April 2017: 12.9%

chicago81
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Location: Chicago, IL

Re: SWR milestone record

Post by chicago81 » Sat Apr 01, 2017 9:52 am

My trailing-12-month spending rate divided by current net worth is:

4.44%

Not 100% sure what my ongoing WR would be after retiring due to two factors:
- In the last year I had quite a few of the "large but infrequent" expenses all hit in the same year, and
- Uncertainty over what my health insurance+care costs will be in retirement (which are currently mostly covered by an employer, so probably not accurately reflected in my "WR" calculation.)

I feel that I am so close to being comfortable enough to pull the ripcord on my parachute...

IlliniDave
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Re: SWR milestone record

Post by IlliniDave » Wed May 17, 2017 11:01 am

I didn't read the whole thread so I dunno the "ground rules" and so will explain where my numbers come from.

I look at my total anticipated withdrawals for two time periods, retirement to age 70 and retirement to age 80. Then I take an average and compare it to my current total financial assets. Assuming I retire immediately, I've recently dipped below 3% for retirement to age 70 and 2% for retirement to 80. Last year's expenses represent 3.6%, but that doesn't account for any offset from external sources (SS and such).

fingeek
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Re: SWR milestone record

Post by fingeek » Wed May 24, 2017 9:22 am

Hi all, first post here :). Not enough to dedicate to a journal, but wanted to share past/present/future.

Year end / Age / SWR / Comments
2005: 21 - ∞% SWR - Career start
2008: 24 - 100% SWR - Moved to a large company, with accelerated income (yay)... but bought a house (boo). Thought was in terms of '12 months of expenses in emergency fund' i.e. Current Ratio=1.
2013: 29 - 120% SWR - Moved to a larger house (boo). Kept old house (yay). Living expenses remain broadly similar to that of studentdom (yay).
2014: 30 - 49% SWR - Started thinking in terms of 'rental properties until retirement'.
2015: 31 - 18% SWR - Read Rich Dad Poor Dad, switched gears. Bought two properties.
2016: 32 - 14% SWR - Read ERE in Nov, installed jet engine. 6 months away from hitting 12%; Initial goal as meets P2P lending (11-13%) and specialist rental property income (11-15%).
2017 Q1: 33 - 11% SWR - Hit the initial goal of 11% SWR (50% actively managed direct property portfolio, 50% passive FTSE/similar).
2017 June: 33 - <10% SWR - Single figures!

Projected:
2021: 4% SWR - From continued investing, not including further expense reduction. Continue to build passive position, and eventually sell off some/all the property portfolio.
2024: 3% SWR

The question is - At what point do I quit work and "do something else"? :-)
Last edited by fingeek on Mon Jun 12, 2017 1:43 am, edited 1 time in total.

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cmonkey
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Re: SWR milestone record

Post by cmonkey » Thu May 25, 2017 2:30 pm

Jan 2015 - 100%
Oct 2015 - < 50%
Apr 2016 - < 25%
May 2017 - < 10%

MDFIRE2024
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Re: SWR milestone record

Post by MDFIRE2024 » Fri May 26, 2017 1:52 pm

fingeek wrote:
Wed May 24, 2017 9:22 am
Projected:
2024: 3% SWR
Great Progress.

2024: 3% SWR is also my goal. :-)
April 2017: 5.8% WR of last 12 months

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