Normally at this point of the year I provide an update on how our retirement portfolio is doing against the investment plan we laid out before early retirement. It takes a little time to crunch all the numbers and with the historically horrific headlines we’ve had this year, it might have been easy to just skip the update until later this year.
Still, with the relative bounceback in the stock market and the ‘Lucky St. Patrick’s Day Trade‘ I made two months ago, I’ve been feeling pretty good about how the year is shaping up. Indeed, as I looked at the account balances and put them in my spreadsheet, our portfolio is showing a nice 8% return for the year so far. That’s incredibly unexpected given all that has rocked the markets.
Relative to our original FIRE Plan, we now have almost a year-and-a-half surplus in spending, which is the way I measure how we’re doing …
As you can see, it has not been a steady road for us over the last 5 years, but we’re in the best position we’ve been. The buffer we started with (and lost in 2018) has been completely restored. Despite the impeachment, the pandemic, and the civil unrest, the markets have largely weathered the storm.
So that’s the mid-year 2020 update. We’ll remember this year for a lot of craziness, but happily our portfolio stayed out of the chaos.
How is your portfolio trending?
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