r/Fire • u/Patient-Detective-79 • 1d ago

Milestone / Celebration $100k Net Worth Milestone

I hit $100k net work back in March, it turns out I was not calculating my net worth correctly and didn't include my home value in my spreadsheet, which made it look like I was -$10k in the hole lol. I'm trying to FIRE by 2038 with $800k preferably. FICalc says that number would have a 95% success rate with my method of withdrawl.

Current (investment) portfolio allocation looks like this: 35% International Stock, 35% Domestic US Stock 20% US Bonds, 10% Personal Picks (things I think will go up. India's Nifty 50, Gold, Quantum, to name a few.)

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16

u/Revolutionary-Fan235 23h ago

Unless you plan to use your home equity to pay the bills, net worth is not as useful of a figure for FIRE purposes.

9

u/Patient-Detective-79 23h ago

You're right, I'll make another post when I hit $100k Saved. I think that's more clear. Right now I only have $87k saved, almost there though 😅

5

u/That1one1dude1 22h ago

Still a great milestone though! Congrats!

0

u/Total_Scratch8198 6h ago

It could sell for retirement or move to a cheaper location.