Lemur wrote: ↑Tue Jun 07, 2022 12:22 pm
Wed Mar 30, 2016 11:20 am
It has been 6 years.
Under 4%. You've experienced not working for a lengthy period of time. Increased net-worth 50% in 18 months. I would certainly be smiling
Definitely smiling, but you jinxed me =D
July 1, 2022
NW = 24.4X TTM Spending (-1.5 month over month)
WR = 4.1%
June Savings Rate = 72.7%
Activity
0 miles ran
14 times lifting weights
128 miles MTB
213 miles walking
-.5 lb Lost, 7-day average 212.3 lbs
Musings
"Worst market performance in the first half of a year in 52 years" coupled with bonds getting obliterated simultaneously, and then to drag us through the glass a little bit more, let's toss in the highest inflation in 40+ years.
Despite the headwinds, we're continuing to inject drips and drabs of our income into equities, CD's, and I bonds.
Spending trajectory has been on a steep rise since we moved back to this HCOL area a year ago. July will be the first month with the same housing costs YoY. Food and energy prices are up significantly, and that's where most of our increased spending will be coming from. The world's also opened up from covid. Travel will be another category that's going to be higher moving forward, especially with prices well above pre-pandemic levels.
Really curious how all of this plays out and/or impacts our plans. We're above a 4% WR for the first time since April of 2020. No bueno.
If we play our cards right, the blue line should level off over the next 3-6 months and then slowly decline. Meanwhile eventually the markets have to recover and the red line should shoot up.......in theory. I would feel a lot better quitting my job when they cross once more.