Financial Freedom
Sometimes a picture is worth a thousand words:
You can learn more about our net worth goal and our net worth benchmark that we use to make sure we are on track.
Related in Financial Goals:
Financial Freedom Plan - 2015 Update (Apr 30, 2015) I finally sat down to get an updated view of our progress towards our financial freedom plan that I laid out a few years go in terms of asset allocation. Some notes: Our asset allocation to fixed income (interest) will...
Financial Freedom Plan (Aug 25, 2013) Almost two years ago I laid out a plan for the net asset allocation I thought we needed for our financial freedom plan. It was a rough guide for asset allocation that I believe could generate enough income to cover...
2012 Passive Income: Dividends (Jan 27, 2013) Here is a summary of our 2012 dividend income. All this income comes from our taxable stock portfolio that is included in our monthly investment review. All retirement investment holdings are excluded from this dividend income summary. This passive income...
Comments (4)
I've enjoyed reading your blog over the last four years, especially the clarity of your goal, your content, and your diligence in posting. I just re-read your net worth posting and wonder if you still think $2MM gives you the freedom you need to pursue your lifestyle and personnel goals.
This post was written in 2005 and so much has changed in our economy and no doubt in your own life. Is $2MM still enough?
Posted by kcb | April 20, 2011 10:50 PM
Great work! It appears as if you are well on your way and will reach $2 million well before you planned. With that in mind have you thought about retiring earlier or will you plan on adjusting your goal? I'm assuming that you would be on par to reach $3 million with how well you are doing currently.
Posted by SoonerCPA | April 21, 2011 10:26 PM
Wow, if we had what you have now, we would have already declared ourselves financially independent.
We are frugal people, though, and are on track to make that declaration in 2 yrs w/under a million.
Posted by Emily | April 26, 2011 1:35 PM
Emily,
Wow - Im curious about your situation and how you'll address healthcare once your financially free with under $1 million? Healthcare is still a wild card for me with a $2 million goal - do you have access to free/low cost healthcare insurance somehow?
Posted by 2million | April 26, 2011 3:19 PM