Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.
Thought I’d post a quick progress report 21-months into my ERE-journey.
The first chart shows how volatile my monthly ERE-savings have been over the past couple of years. It’s been super difficult to maintain a steady savings rate.
But, on an average, my monthly ERE-savings stands at 44%. (Total ERE-savings ÷ Total Income = 44%.) Not a bad figure to achieve over a 21-month window. But I do wish that it were above 50%!
The next chart shows how my ERE-savings have grown (new savings added each month plus any interest earned) over the past couple of years. There was actually a dip during one bad month.
An 80% growth from where I started isn’t all that bad but then again I do wish that it were a 100%. I think I’ll reach the 2X mark over the next 3-months (and before the 24-month mark is up).
Wish me luck and thanks for all your support and encouragement along this journey. I’ll constantly share my learning as I enter a new phase on this journey.
Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.