I was wondering how everyone else tracks their progress towards FIRE. I just like looking at numbers, even if it doesn't necessarily change anything
I'm not particularly competent with spreadsheets, but I've made myself a fairly basic one that I fill in that has a row for every month, and a number representing the amount I would need to retire (adjusted for inflation), and an empty cell where I can put in how much I have, so I can make sure I'm not losing ground.
I also like to keep tabs on how much money I could draw down from what I have right now (basically net worth * .04 or .03 or whatever SWR figure you're comfortable with).
I've seen someone else has a FIRE clock in their signature, which I thought was a neat way to think about it.
Does anyone else have any different things they like to do that they'd like to share? They don't necessarily have to be "useful" to be interesting.
I'm not particularly competent with spreadsheets, but I've made myself a fairly basic one that I fill in that has a row for every month, and a number representing the amount I would need to retire (adjusted for inflation), and an empty cell where I can put in how much I have, so I can make sure I'm not losing ground.
I also like to keep tabs on how much money I could draw down from what I have right now (basically net worth * .04 or .03 or whatever SWR figure you're comfortable with).
I've seen someone else has a FIRE clock in their signature, which I thought was a neat way to think about it.
Does anyone else have any different things they like to do that they'd like to share? They don't necessarily have to be "useful" to be interesting.