Monthly Financial Update – April 1, 2021

The Monthly Financial Update gives our readers an inside look at the allocation and performance of our personal portfolio. At the beginning of each month, we share a snapshot of our investments and highlight their performance over the previous month. In addition, we compute our progress towards achieving our retirement number.

We Did It!!!

We did it!! We have now officially become fully financially independent!! Going by the 4% rule, we now have enough money saved/invested to quit our jobs while still maintaining our current lifestyle, indefinitely. This is truly an amazing accomplishment. This is something we've dreamed of for many years and now we are finally here! With all that being said, our work still isn't done. Although we have achieved (and surpassed) 100% of our retirement number, we are now aiming at an even greater goal. Let the grind continue! 

Results:
3.54% month-over-month growth

102.7% of retirement number saved

Check out our detailed performance in the table below.

The Numbers

AccountsPortfolio AllocationChange In Value
(March-April)
Liquid Funds0.23%6.71%
High-Yield Savings6.03%4.57%
REITs0.45%0.57%
401(k)s43.10%3.17%
IRAs4.87%2.70%
HSA1.59%5.55%
Cryptocurrencies0.08%22.63%
Taxable Stock Investments43.61%3.82%
Debt0.05%74.22%
Total =100%

Portfolio Allocation = Current asset distribution of our portfolio
Change In Value = Change in account value due to asset appreciation/depreciation, deposits, and withdrawals

Growth Toward Financial Independence

Tools To Get You Started

Get a head start on your journey toward achieving financial independence by analyzing and tracking your income, expenses, investment performance, and overall net worth with the free online wealth management tool Personal Capital.

We use Personal Capital regularly to analyze our investment fees, track our investments, and project our net worth. We also periodically review our progress toward retirement with their retirement planning calculator.

If you’d rather do things on your own, become a subscriber today and you’ll receive our Free Financial Planning Dashboard. This tool allows you to enter your income and expenses to create a detailed budget. You can use it to track your spending habits over time or just to get an idea of where your money is going each month.  Take a look at the automatically generated charts and you may discover you have a little more cash to invest than you thought.

If you’re interested in detailed instructions on how to budget, save, pay off debt, and invest, check out The 6 Phases of Building Wealth. This book provides step-by-step instructions for working through each “Phase” in the process of achieving Financial Freedom. If you're just starting out, the information in this book will provide you with an invaluable resource. You can pick up the digital version for only $2.99 on Amazon.

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Renita

This is a GREAT accomplishment for two young people. Congratulations and continue to be an inspiration to others!!