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Longer format text that can contain paragraphs. This text can explain important things for that week.
Longer format text that can contain paragraphs. This text can explain important things for that week.
Lean FIRE
Time Working: 6y
Salary: $90k->$110k (pay increases are applied to lifestyle inflation)
Spending: $15k->$19,856 ($19,856 2029 is $16,591 2022)
Initial take home after 401k, Roth IRA, & Taxes: $50k
Goal NW: $375,000 2022 is $448,806 2029
Goal Withdrawls: $15k 2022 is $17,952 2029
Investments
401k: max at $1708 per month $20,500 year | Total: $167,772
HSA: max at $304 per month $3,650 year | Total: $29,861
Roth IRA: max at $500 per month $6k year | Total: $49,055
Taxed: max at $2083 per month $25k year | Total: $204,607
Total Net Worth: $451,301 (+$2495 over)
Medium FIRE
Time Working: 10y
Salary: $90k->$121,232k (pay increases are applied to lifestyle inflation)
Spending: $15k->$31,232 ($31,232 2033 is $23,186 2022)
Initial take home after 401k, Roth IRA, & Taxes: $50k
Goal NW: $750k 2022 is $1,010,269 2033
Goal Withdrawls: $30k 2022 is $40,411 2033 withdrawls
Investments
401k: max at $1708 per month $20,500 year | Total: $350,642
HSA: max at $304 per month $3,650 year | Total: $62,409
Roth IRA: max at $500 per month $6k year | Total: $102,647
Taxed: max at $2083 per month $25k year | Total: $427,627
Total Net Worth: $943,325 (-$66,944 under)
Fat FIRE
Time Working: 13y
Salary: $90k->$132,474 (pay increases are applied to lifestyle inflation)
Spending: $15k->$42,474 ($42,474 is $28,856 2022)
Initial take home after Taxes: $70,140 (78.6% after tax savings rate)
Goal NW: $1M 2022 is $1,471,931 2036
Goal Withdrawls: $40k 2022 is $58,877 2036 withdrawls
Investments
401k: max at $1708 per month $20,500 year | Total: $544,696
HSA: max at $304 per month $3,650 year | Total: $96,948
Roth IRA: max at $500 per month $6k year | Total: $159,455
Taxed: max at $2083 per month $25k year | Total: $664,287
Total Net Worth: $1,465,386 (-$6,545 under)