Welp, another year is already over. I managed to do my annual Roth conversion again this year, ensuring more tax-free gains in 5 years’ time. There was a large market drop on 12/18 this year, which set me back quite a bit in terms of savings, but these things happen and are an inevitable part of investing. The yen also declined about 5% this month, which doesn’t bode well for the long term despite the short-term reduction in USD expenses.
Here’s a summary of my financial position this month:
| Description | 12/24 |
|---|---|
| Total Expenses | $3465.24 |
| Gross Income | $8499.54 |
| Taxes | $737.98 |
| Net Income | $7,761.56 |
| Savings | $4296.32 |
| Savings Rate | 55.4% |
| Net Worth | $507,549.08 |
Projected time to FI (assuming 6% growth and 4% withdrawal rate): 11 years, 3 months.