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|Subject: Re: FIRE Update||Date: 1/2/2009 5:58 PM|
|Author: HaltCatchFire||Number: 4719 of 5086|
Someone here posted last year about a metric they use - net worth/annual expenses. Was it whyohwhyoh? Can't remember. Anyway, in the past year mine went from 1.59 to 2.58.
I don't have prior year records on expenses. I'm up to 4.4 on that ratio.
IRR on my Roth IRA is only -2%, due to holding a whole lot of cash and using double-short ETFs (SKF and SDS) very effectively.
IRR on the 401(k) is a blistering -46%. I made this worse by buying in to gold at the wrong time.
Overall my projected retirement date has been pushed out 4 years, to 2028. The accuracy of such a forecast has to be questioned. Part of that push-out is an increase in household expenses; we will be working on that in 2009.
Good thing I like my job.
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