Financial goal:
- In the overall the only changes were the additional savings and some fluctuation due to the fact that the assets are held in four different currencies.
- At the current inflation rate and the administration fees combined around 5%, it is very much uncertain how to get to my point B. My original goal was to have $ 2 million.
Inflation adjustments -two observations:
- Financial independence goal review. I should either to adjust for inflation my nest egg or the financial independence goal, i.e. it should go to $ 2.1 million.
- Beyond financial independence. The invested money will earn at equal or just above the inflation rate, the returns (annual income) will start depreciate immediately.