SWR milestone record

Ask your investment, budget, and other money related questions here
2Birds1Stone
Posts: 1088
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: SWR milestone record

Post by 2Birds1Stone »

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%
1/1/2020 - 3.2%

6/1/2020 - 2.52%

Getting spending down to ~1.64 x JAFI has been very helpful in bringing this down.

User avatar
Egg
Posts: 190
Joined: Sat Oct 04, 2014 10:59 am

Re: SWR milestone record

Post by Egg »

Historical:

01/09/2012 (starting work) - ~190%
01/04/2013 - 109%
01/04/2017 (pinnacle to date before buying house in cash) - 9.1%
01/04/2020 - 67.8%


Latest:

01/06/2020 - 51.4%

classical_Liberal
Posts: 1794
Joined: Sun Mar 20, 2016 6:05 am

Re: SWR milestone record

Post by classical_Liberal »

classical_Liberal wrote:
Thu Mar 12, 2020 8:37 pm
I was at 5.1%WR on 1/1/20. Now 5.8%.
4.3% Wild year!
Although some of this is from a full 12-months of semi-ER and reduced spending as a result.

2Birds1Stone
Posts: 1088
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: SWR milestone record

Post by 2Birds1Stone »

classical_Liberal wrote:
Sun Jun 07, 2020 1:28 pm
4.3% Wild year!
Although some of this is from a full 12-months of semi-ER and reduced spending as a result.
That's a way better reason than a larger pile of money.

classical_Liberal
Posts: 1794
Joined: Sun Mar 20, 2016 6:05 am

Re: SWR milestone record

Post by classical_Liberal »

@2B1S
Agreed. Not totally sure how it keeps happening though. I wish I was more confident it was permenant.

thedollar
Posts: 151
Joined: Tue Feb 21, 2017 4:07 am

Re: SWR milestone record

Post by thedollar »

2020 YTD: 0.82%

If I could stick with my budget I would be able to hit 0.5%

2Birds1Stone
Posts: 1088
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: SWR milestone record

Post by 2Birds1Stone »

@thedollar, you may have one of the lowest WR on this forum. Pretty sure Jacob is in the same ballpark. I can't even imsgine getting sub 1%. (Then again, said that about sub 3% when first discovering ERE).

rube
Posts: 663
Joined: Tue Oct 02, 2012 7:54 pm
Location: Europe (NL)

Re: SWR milestone record

Post by rube »

@thedollar: Wooha, 0.82% and 0.5%! Very good.

We're at 3.6% ttm (not counting the one-time closing costs of the new house).

Future (say now till next 12 years): expenses will go up due to higher house expenses, kids college. But I expect NW will also still increase in the next few years so ouw SWR might stay about the same.

thedollar
Posts: 151
Joined: Tue Feb 21, 2017 4:07 am

Re: SWR milestone record

Post by thedollar »

@2Birds1Stone @rube

Obviously it's pretty safe, but I just want to clarify that it's not based on skills on my part in the sense that my expenses are currently around 3 x JAFIs (target spending is around 2 x JAFIs) for a single person. Also, just an observation, at this level it's really hard to gain 0.01 percentagepoints say from 0.50%->0.49%, and there are pretty much only 2 things that have an impact on the SWR; market developments and spending. Of those two spending is of course the only one that can be controlled - just to point out that spending is ridiculously important.

2Birds1Stone
Posts: 1088
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: SWR milestone record

Post by 2Birds1Stone »

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%
1/1/2020 - 3.2%

7/1/2020 - 2.37%

@thedollar, totally get it re: spending. My WR% has been dropping like a rock since I left my job in September simply due to spending going lower month over month. It opened my eyes to how much easier it is to do that vs. accumulating more assets. Not to mention the resilience of being able to find just about any job to cover low expenses (even 2-3 JAFI's).

User avatar
Egg
Posts: 190
Joined: Sat Oct 04, 2014 10:59 am

Re: SWR milestone record

Post by Egg »

Historical:

01/09/2012 (starting work) - ~190%
01/04/2013 - 109%
01/04/2017 (pinnacle to date before buying house in cash) - 9.1%
01/04/2020 - 67.8%


Latest:

01/08/2020 - 50%
Last edited by Egg on Sat Aug 01, 2020 5:23 pm, edited 1 time in total.

2Birds1Stone
Posts: 1088
Joined: Thu Nov 19, 2015 11:20 am
Location: Earth

Re: SWR milestone record

Post by 2Birds1Stone »

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%
1/1/2020 - 3.2%

8/1/2020 - 2.15%

User avatar
Lemur
Posts: 689
Joined: Sun Jun 12, 2016 1:40 am

Re: SWR milestone record

Post by Lemur »

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]
04/30/2020 - 15.21% [$600,000 * 0.04 = $24,000 / $157,800]
08/06/2020 - 12.44% [$600,000 * 0.04 = $24,000 / $193,000]

Savings rate has been higher in recent months dues to decreased spending in food costs and 'other'. Still leaving at $600k expected as I need to prove several months of consistency first to feel confident enough to lower this.

Post Reply