SWR milestone record

Ask your investment, budget, and other money related questions here
Augustus
Posts: 887
Joined: Sat Apr 02, 2016 10:15 am

Re: SWR milestone record

Post by Augustus » Sat Oct 28, 2017 1:12 pm

Currently sitting at 6.3%, getting close! 2 more years until a projected 4%

2Birds1Stone
Posts: 716
Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Sat Nov 11, 2017 1:07 pm

Current Spending - 7.1% (~14X annual expenses)
Barebones FI - 4.75% (~21X annual espenses

*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.

2Birds1Stone
Posts: 716
Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Thu Jan 11, 2018 8:39 am

Current Spending - 6.55% (~15X annual expenses)
Barebones FI - 4.35% (~23X annual espenses)

*Edited to delete quotes, just learned about this forum rule. Sorry @Jacob
Last edited by 2Birds1Stone on Thu Apr 05, 2018 10:09 am, edited 1 time in total.

fips
Posts: 213
Joined: Thu May 30, 2013 9:54 pm
Contact:

Re: SWR milestone record

Post by fips » Fri Feb 09, 2018 3:26 pm

I am amazed by your guys' progress and don't want to hijack the thread - but what's your secret sauce to lowering the SWR?

Douglas
Posts: 53
Joined: Fri Feb 10, 2017 11:36 am

Re: SWR milestone record

Post by Douglas » Fri Mar 02, 2018 12:58 pm

2011: $35,000 debt

2016: debt free, no savings

2017: 100% SWR

2018: 50% SWR

(Projected 4% SWR ~2025)

youngsaver
Posts: 13
Joined: Tue Dec 19, 2017 12:53 pm

Re: SWR milestone record

Post by youngsaver » Tue Mar 20, 2018 4:02 pm

is SWR being calculated via spending as a % of financial assets? and it's coming down as assets grow/spending decreases?

Gilberto de Piento
Posts: 1304
Joined: Tue Nov 12, 2013 10:23 pm

Re: SWR milestone record

Post by Gilberto de Piento » Tue Mar 20, 2018 7:42 pm

is SWR being calculated via spending as a % of financial assets? and it's coming down as assets grow/spending decreases?
I asked this same question way upthread:
Gilberto de Piento wrote:
Wed Jun 11, 2014 7:38 am
Is there a formula for this? Here's what I came up with (I don't have a full year of expenses yet so I have to extrapolate average monthly expenses):
Average monthly expenses * 12 / FI Assets = SWR

My results:
$2322.89 * 12 / $90,768.30 = 30.7%

2Birds1Stone
Posts: 716
Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Thu Apr 05, 2018 10:21 am

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%

4/1/2018 - 5.85%

I went back and used actual spending/portfolio values all the way back to Jan 2014, when I started tracking that stuff to the dollar. SWR is based on trailing twelve months of actual spending vs. actual portfolio value.

I'm challenging myself to gain a wheaten level and reduce my SWR by 1% simply by lowering spending.

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

Re: SWR milestone record

Post by Kriegsspiel » Fri Apr 06, 2018 10:38 am

4/2013 10.5%
4/2014 6%
4/2015 4.1%
4/2016 2.7%
4/2017 4.9%
4/2018 3.7%

Lucky C
Posts: 325
Joined: Sat Apr 16, 2016 6:09 am

Re: SWR milestone record

Post by Lucky C » Sun Apr 22, 2018 7:42 am

I made it to that number people like!
4/2018: 4%

bryan
Posts: 1042
Joined: Sat Nov 29, 2014 2:01 am
Location: mostly Bay Area

Re: SWR milestone record

Post by bryan » Sun Apr 22, 2018 9:39 pm

bryan wrote:
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%
2016: 7%, 72%
projected 2017: 6%, 69%
2017: 3.3%
projected 2018: 2.2%

I only even worked for half the year; thanks Bitcoin!

SWR is about four years into the future (broke through 6, 5, and 4% before I could even do much thinking) versus my previous projections. It's especially great since I doubt I would have stuck to that high-wage path for these next four years (it's been a sort of anti-sequence-of-returns-risk)!

For 2018, I've actually convinced the GF to share the van with me (i.e. we both stop paying rent) come August. That's the reason the SWR projection is better (with no income/savings planned; granted I didn't include any van-fitting costs).

slsdly
Posts: 272
Joined: Thu Mar 14, 2013 1:04 am

Re: SWR milestone record

Post by slsdly » Mon Apr 23, 2018 9:37 am

I've since upped my estimates a lot, as I am aiming for being able to live alone in my current city ($$$) and higher spending on interests, so my SWR % has sadly risen. But on the original target which is still doable, I'm sitting pretty at 2.25%. I think I might be suffering from OMY (OMD?), but then again, I still enjoy my current job a lot :). I will probably die with a mountain of unspent money.

2Birds1Stone
Posts: 716
Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Mon Apr 30, 2018 4:52 pm

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%

5/1/2018 - 5.78%

2Birds1Stone
Posts: 716
Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Sat Jun 02, 2018 7:18 am

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%

6/1/2018 - 5.4%

TheFIminator
Posts: 18
Joined: Thu Apr 05, 2018 4:58 pm
Location: NZ
Contact:

Re: SWR milestone record

Post by TheFIminator » Thu Jun 21, 2018 2:47 pm

Since I last wrote, I have spent months in spreadsheets trying to magically work out how to get to FIRE sooner than the 2-3 years that I was hoping to initially. I created about 10 different complicated spreadsheets with formulas, auto colours & flashing bells. Even then, I did not have a clear solution that would propel me on the FIRE path.
Then I reluctantly engaged an expert to work through the options and within the first hour, he pointed out the most obvious opportunity for me to realign my investments to get maximum passive income, as I was getting less than 0.05% at the time.

So now I am at basic FIRE level, I can pay for the bare basics through the passive income. The next step I am working on is getting to a point where all expenses are paid for & then I plan to stop my consulting work as that is a 50 hour a week commitment at the moment!

prognastat
Posts: 1000
Joined: Fri May 04, 2018 8:30 pm
Location: Texas
Contact:

Re: SWR milestone record

Post by prognastat » Thu Jun 21, 2018 4:22 pm

Today 14.9%. Hoping to bring that down some by lowering spending.

2Birds1Stone
Posts: 716
Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Fri Jun 29, 2018 7:23 pm

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%

7/1/2018 - 5.34%

Gilberto de Piento
Posts: 1304
Joined: Tue Nov 12, 2013 10:23 pm

Re: SWR milestone record

Post by Gilberto de Piento » Fri Jul 06, 2018 9:15 am

7/1/2014 - 27.9%
7/1/2015 - 18.0%
7/1/2016 - 14.6%
7/1/2017 - 11.5%
7/1/2018 - 7.9%

herp
Posts: 140
Joined: Sat Apr 08, 2017 1:11 pm

Re: SWR milestone record

Post by herp » Fri Jul 20, 2018 4:08 pm

I haven't tallied up actual expenses for the past year, but I'd like to have more spending when I become FI, so my SWR isn't based on actual expenses, but desired spending level.

Currently that sits at 18.75% and it came down below 20% earlier this year.

2Birds1Stone
Posts: 716
Joined: Thu Nov 19, 2015 11:20 am

Re: SWR milestone record

Post by 2Birds1Stone » Tue Jul 31, 2018 5:33 pm

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%

8/1/2018 - 4.72%

Post Reply