I’m well on my way to financial independence.
$1,000,000 in 10 years.
I’m missing my target for this month, and I missed it last month. At this rate I’ll be working until I’m 50!
That is considered “early retirement” for some. But I have a much more ambitious goal.
The actual journey is never as smooth and easy as the plan. I intend to track that journey right here. I want to keep myself accountable.
So when the stock market tanks and takes my portfolio with it, we can all see if I walk the walk as well as I talk the talk.
If you want to see how I came up with these numbers check out my investment strategy.
- I get paid on the 15th of every month or the closest business day before that date, so for practicality purposes, my end of month will be the day before work income payment.
- My contribution to my portfolio also occurs on this last day of my payment month.
- All numbers in nominal terms (not real terms) this is why my goal appears to be larger in this table than my original goal set out in my first blog post.
- Contributions will be held in cash until a purchase of ETF’s or shares is made.
Pat the Shuffler