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My happy chart

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    My happy chart

    I have so many spreadsheets, numbers, variables, calculators, tools etc... that sometimes I find it hard to see the big picture. I think I finally found something that can help guide me and my wife towards a happy FIRE.

    I have a base budget well established that we are currently using for spending. I added funding for cars, taxes and added a reasonable cushion. Added it all up ($117k / year) and calculated our 99% success number. This does not include any money for travel or blow that dough kind of stuff, so I decided to track that against our planned savings and this popped out:



    Now we can easily tell how we are doing. We have the base budget covered now. We are targeting $25k/year for blow that dough stuff, so it looks like Mar 2022 is our target date (was hoping for Mar 2021, but not to be). And we can easily tell what OMY will get us. I gotta say that Mar 2023 @ $47.5k / year looks sweet!
    __________________

    #2
    What accounts for the spike in savings every March?
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

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      #3
      Originally posted by disneysteve View Post
      What accounts for the spike in savings every March?
      That's when my bonus and stocks hit.

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