SWR milestone record

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TopHatFox
Posts: 2022
Joined: Thu Oct 17, 2013 10:07 pm
Location: FL; 25

Re: SWR milestone record

Post by TopHatFox »

Oct 2016 - 17.5%

I'm super excited for the % to become tiny once I get any "real" job post-school this year!~~~ 8-)

workathome
Posts: 1300
Joined: Sat Jun 29, 2013 3:06 pm

Re: SWR milestone record

Post by workathome »

October 2016 - 2.5%

steveo73
Posts: 1227
Joined: Sat Jul 06, 2013 6:52 pm

Re: SWR milestone record

Post by steveo73 »

I just broke 10%. I'm at 9.875%. That feels good.

To put that into perspective in March 2015 we were at 21.5% & then by December 2015 we were at 15%. It won't keep moving like that though. I have myself achieving FIRE in 2020 with a WR of 5.63 %

CS
Posts: 406
Joined: Sat Dec 29, 2012 10:24 pm

Re: SWR milestone record

Post by CS »

6%

All I can think about is how to drop my spending further.

ShriekingFeralHatred
Posts: 75
Joined: Fri Nov 25, 2016 8:03 am

Re: SWR milestone record

Post by ShriekingFeralHatred »

blah

mrcupcake
Posts: 30
Joined: Wed Apr 10, 2013 5:47 am

Re: SWR milestone record

Post by mrcupcake »

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
Posts: 836
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: SWR milestone record

Post by 2Birds1Stone »

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!

distracted_at_work
Posts: 202
Joined: Fri Jan 13, 2017 11:51 am

Re: SWR milestone record

Post by distracted_at_work »

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

Gilberto de Piento
Posts: 1356
Joined: Tue Nov 12, 2013 10:23 pm

Re: SWR milestone record

Post by Gilberto de Piento »

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

bryan
Posts: 1048
Joined: Sat Nov 29, 2014 2:01 am
Location: mostly Bay Area

Re: SWR milestone record

Post by bryan »

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.

Kriegsspiel
Posts: 874
Joined: Fri Aug 03, 2012 9:05 pm

Re: SWR milestone record

Post by Kriegsspiel »

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

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C40
Posts: 2375
Joined: Thu Feb 17, 2011 4:30 am
Location: PNW
Contact:

Re: SWR milestone record

Post by C40 »

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%

TopHatFox
Posts: 2022
Joined: Thu Oct 17, 2013 10:07 pm
Location: FL; 25

Re: SWR milestone record

Post by TopHatFox »

April 2017: 12.9%

chicago81
Posts: 281
Joined: Sat Feb 04, 2012 3:24 pm
Location: Chicago, IL

Re: SWR milestone record

Post by chicago81 »

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
Posts: 2664
Joined: Wed Apr 02, 2014 7:46 pm

Re: SWR milestone record

Post by IlliniDave »

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
Posts: 102
Joined: Wed May 24, 2017 8:16 am
Location: South Wales

Re: SWR milestone record

Post by fingeek »

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!
2017 EOY: 34 - 8.7% SWR - Aiming for a FIRE-ish in 2018-2019
2018 EOY: 35 - 7.2% SWR - Baby arriving Jan 2019, so taking 2019 off to focus on family (and gather data as "test FIRE").

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 Thu Dec 27, 2018 11:56 am, edited 2 times in total.

cmonkey
Posts: 1790
Joined: Mon Apr 21, 2014 11:56 am

Re: SWR milestone record

Post by cmonkey »

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

wolf
Posts: 966
Joined: Fri Jan 06, 2017 5:09 pm
Location: Germany

Re: SWR milestone record

Post by wolf »

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

2Birds1Stone
Posts: 836
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: SWR milestone record

Post by 2Birds1Stone »

Progress!

Current Spending - 7.5% (~13X annual expenses)
Barebone FI - 5% (~20X annual expenses)

*Edited to delete quotes, just learned about this forum rule. Sorry @Jacob
Last edited by 2Birds1Stone on Thu Apr 05, 2018 10:10 am, edited 1 time in total.

Seamus
Posts: 22
Joined: Sat Jun 10, 2017 4:21 pm
Location: Southeast Michigan

Re: SWR milestone record

Post by Seamus »

End of year:
2013 - 54%
2014 - 21%
2015 - 13%
2016 - 8%

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