Introduction! Hello Steemit! My Financial Independence Blog

in introduceyourself •  7 years ago  (edited)

money-addiction.jpg

Hi everyone,

I'm from the Bay Area (California) and I work for a large fortune 500 tech company as a software engineer. I was fortunate enough to be working in such an in demand industry, and started with a 6 figure salary and no student loans. I have been working professionally for about 4 years now, and recently learnt the concept of financial independence and early retirement. (fire, mostly from reddit/r/financialindependence/)

I will be documenting my journey, so new concepts that I learn, new investment opportunities, etc. I will be keeping my identity semi anonymous just because I do plan to share real numbers, like my salary, net worth, investment returns, and it's just easier to keep my identity a secret.

I have been wanting to start a blog for awhile to document my journey, and steemit seems like the perfect platform for me since it mixes blogging, with block-chain tech that i'm both interested in technically and financially (I invest in several alt coins)

Since I did promise to share some current numbers,

I am currently 27, goal is to retire before 40 with a ~2.5 million net worth, so I can have a safe withdrawal rate of 4% and have ~100k a year. I will talk about how I came up with this number in a separate post.

  • Current networth: ~200k

    • 61k in 401k
    • 52k in other stock accounts
    • 5000 in crypto (main coins + alts)
    • 50k in a apartment syndication
    • 13k worth of equity in a rental home
    • rest in cash
  • Current salary: 165k

  • Stock options: ~75k a year depending on market

My goal for 2018 is to raise my net worth to over 350k, I'll talk more on how I plan to achieve that in a following blog post!

Thanks for reading!

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Hello and welcome to steemit.

  ·  7 years ago (edited)

Welcome to steemit . Hopefully you feel at home here! I just upvoted you, and started to follow you hopefully you do the same :) Have a nice day!!

Hello I just upvoted you. Check out my profile, follow and grow together!

Hi and welcome! Steemit is a wonderful place and I’m sure you’ll feel right at home. I’ll follow you to help you get started. Hope you follow back and happy New Years!

thanks, followed

Hello. Good luck with your goals. :)

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