Designing My Ideal Lifestyle

Lately I’ve been thinking a lot about what my ideal lifestyle would be.  I guess I can’t say for sure because I haven’t lived it yet.  I can have a single track mind and when I focus on a goal, I do it with such a laser like focus that I don’t get a chance to explore alternatives.  Sometimes, it takes a shake-up to get me to reorient myself and make adjustments. Continue reading

March Update

I received a bonus payment recently.  After taxes, it was over 1.5 years’ worth of annual expenses, or stated differently, a 10%+ boost to my net worth.  The mental satisfaction of receiving such a bonus certainly wore off faster than I thought, although I would be more unhappy if it were somehow taken away.  Funny how the mind works.

The overall net worth is $479K.  Liquid net worth is about $310K, after subtracting value of car and retirement assets.   I’ll be halfway to my goal of $750K soon.  Just another $65K, which I should have in 7 1/2 months.  Assuming my salary,  bonus, and expenses are fixed and no stock market appreciation, I should reach my total goal in less than 3 years.  By then, I would expect to be a junior partner.