Early Retirement Extreme Forums

Lemur wrote: ↑

Wed Dec 05, 2018 12:13 pm

12/01/2018 - 32.97%. Investments are at $91,000. The aim is $750,000. Goal for next year is to increase investments while keeping the goal number the same or reduced.

Reminding myself how I calculated the previous number: $750,000 * 0.04 = $30,000 / $91,000 = 32.97% SWR

5 Month Update:

04/30/2019 - 20.34%. Investments are up to $118,000. Goal is $600,000 as I've adjusted downwards over the past five months making me realize I can live a bit less...biggest change was to my projected food budget.

3.5%

I need to spend about £16k.

Mid 2018: 9.4%
Mid 2019: 7.7%
Mid 2020: 6.5%
Mid 2021: 4.4%

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%
1/1/2019 - 4.2%

7/1/2019 - 3.45%

July 2019 7.74%.

July 2019 - 4.03%

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%
1/1/2019 - 4.2%

8/1/2019 - 3.46%

Lemur wrote: ↑

Tue Apr 30, 2019 8:59 am

Reminding myself how I calculated the previous number: $750,000 * 0.04 = $30,000 / $91,000 = 32.97% SWR

5 Month Update:

04/30/2019 - 20.34%. Investments are up to $118,000. Goal is $600,000 as I've adjusted downwards over the past five months making me realize I can live a bit less...biggest change was to my projected food budget.

05/22/2019 - $600,000 * 0.04 = $24,000 / $135,000 = 17.78% SWR.

All figures calculated on 31 December

2003: $0
no reliable data available
2013: 17.86%
2014: 14.19%
2015: 12.38%
2016: 10%
2017: 7.65%
2018: 7.51%
2019 (13 OCT): 5.99%

18.28%, Today

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%
1/1/2019 - 4.2%

10/1/2019 - 3.29%

fiby41 wrote: ↑

Sun Oct 13, 2019 6:07 am

18.28%, Today

It was 167% at the time of joining this forum.

deleted

I’m not sure this is a good way to measure progress. Going from 18% to 14% is a lot easier than going from 8% to 4%.

@tony, I would argue it's a great way to measure progress. Most people understand this concept. Very much like going from 4% to 3% is more difficult* than going from 8 to 4%

*this is all relative. Not all of these drops come from accumulation, but rather optimization/lowering of spending. It's not a linear progression in absolute %'s

12/01/2018 - 32.97% [$750,000 * 0.04 = $30,000 / $91,000]
04/30/2019 - 20.34% [$600,000 * 0.04 = $24,000 / $118,000]
05/22/2019 - 17.78% [$600,000 * 0.04 = $24,000 / $135,000]
11/12/2019 - 16.90% [$600,000 * 0.04 = $24,000 / $142,000]

SWR progress is slowing down. Like the mind-shift I used to draw down from $750k to $600k, maybe I can think about $500k as the next number.

@Tony. Agree that dropping further gets more difficult. The progress I made in the first two recordings were electrifying but that is because I mind-shifted down to a lower spend level. That is what makes this useful IMO. It makes me wanna think about out how to further reduce spending.

3.25%

Dec '19: 4,78% WR, still working

May '20: 4,28% WR, hopefully not fired

May '21: 3,5% WR, Inshallah

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%
1/1/2019 - 4.2%

12/1/2019 - 3.31%

ertyu wrote: ↑

Sat Nov 30, 2019 7:00 am

Dec '19: 4,78% WR, still working

May '20: 4,28% WR, hopefully not fired

May '21: 3,5% WR, Inshallah

I've been told I'm doing my calculations wrong.

Dec '19: 5,35%
May '20: 5%
May '21: 4%, Inshallaf