I want to explain why I do a monthly net worth update.
- Keep me accountable
- Track my journey
- Prove that anyone can become a millionaire
- Prove that FIRE works

I hit FIRE in 2023 at age 38! Stay consistent and keep investing like it’s going out of style.
Income
This month I made $6,209. My passive income is from my Military retirement.

Expenses
Expenses total right at $2,053. This number is a bit off below due to things still pending.

Savings
Now that I am retired the focus is not a high savings rate. But seeing my passive income is 2x-3x what I usually spend I forsee me still saving and investing some money. This month I saved $3,814.
- $814 Money Market Account
- $3,000 Taxable Account
Check out CC hacking it saves me a ton of money!
Side Hustle
Side Hustle Income: $0
Net Worth: $636,794
My net worth does not account for my passive income. I only account for my liquid investments, cash, and my paid-off RV on this net worth. However, I put my RV for far less than NADA says it’s worth and less than similar models are listed for on the used market. I eventually might take it off completely but as of today I have it on here and accounts for $16.5K of my total net worth.

That is a +$2,391 gain since my last net worth update for December 2023 was $634,403.
I love using Empower to track my Wealth.
Final Thoughts
Wow, I am surprised at just how high my net worth is this month!! I took all of my crypto at Celsius off of my Net Worth tracker at Empower ($23K). So I thought for sure this month I would see a big drop. But thankfully the market made up for it. I love how I made roughly $29,000 in January just by being an investor in boring old Index funds.
All those years of living on less than I made and investing/saving the rest are paying off now.
What’s crazy to me is how I am still adding to my investments even being retired and, to be frank blowing money on whatever I want without a care in the world.
BlockFI is what I use to optimize my crypto accounts to build more wealth.
My Passive Income
It’s cool that I make $74,508 annually without even touching my investments. That is the equivalent of $1,862,700 million invested at a 4% SWR. If you add my investment portfolio to that I could have around $98,508 a year in passive income or the equivalent of $2,462,700 million invested at a 4% SWR. Now If I wanted to use a 5% SWR I could spend upwards of $104,508 a year and still be perfectly fine with a little flexibility in life.
This does not include my wife’s passive income or assets. I have kept those separate as we keep finances separate and as FIRE bloggers I’m not sure it would be fair in a way to combine them.
Could I hustle more to make it to $150,000 in passive income a year? I could and it does sound cooler than $98,508. But I don’t see a reason to do so yet. I don’t spend anywhere near $98K a year as is. Also, I only see my investment portfolio going up as time goes on, which will create more passive income.
It does feel incredible knowing that I can spend up to $98,508 a year and never have to work at a job to do so. It’s all passive income that I get no matter what I do that year or where I live.
For this blog, I only show my portfolio and don’t show our combined portfolio. I’ll leave it at that we are doing very well and way above average!
Those of you who have been following my Net Worth Updates can probably skip the rest of this post.
Barista and Coast FIRE group.
I have created a FIRE group for Barista and Coast FIRE people. I saw there was a gap in the community and these paths seem like the more enjoyable path. So I said, “I have to take on this passion project.”
One of my desires this year is to get and build more community! Here is the Barista and Coast FIRE group HERE.
Join us in our no-judgment FIRE group

Fitness
No gym, weights, or fancy gear for over a year! I’m slaying this fitness routine. It’s Fun, Simple, and Works. I’m gaining flexibility, strength, and endurance it’s incredible. Mind you this is with me having multiple injuries from the Marine Corps. I have learned I never needed that gym anyway.
On top of that, I have started to cultivate a Facebook Fitness group where anyone is welcome to come to join us. I set Bootcamp challenges to get everyone motivated and active.
Do you have a fitness goal for 2023?
- Get stronger
- Lose stubborn body fat
- Get a more defined six-pack
- Be more active without being judged
Join my FREE no judgment fitness FB group HERE. The goal is to build a community and help positively impact your health for FREE.

Hopefully, you enjoy these updates and it inspires you to keep going!