War in Europe, which has had remarkably little impact on asset valuations. Of all the blips on my FI progress chart, the 2018 monetary policy tightening appears to have been the most impactful.
Looking ahead, inflation shouldn’t do much damage to equities, and my exposure to fixed income is rather limited.
How’s the progress?
On track across the board. Even the savings rate is remarkably solid for this time of year at 52%.
As I’m moving into the final tertile of my FIRE journey, I’ve been pondering the meaning of (arbitrary) large round numbers. The number appeared on my spreadsheet last year and failed to have any impact whatsoever. Mainly because I knew it was all bullshit anyway — I hadn’t bothered revaluing the property part of the asset pot (can’t be asked), but had I done so, I would’ve seen the same or similar top number on the same spreadsheet ages ago.
The feeling was not at all what I thought it would be. Instead of elation, I felt flat. Meh. It’s just another number on a spreadsheet that shows how much is not enough.
It’s going to be four more years at least.