Making your FIRE Plan “near” bulletproof

GM All

Hoping to connect and better understand your strategies in ensuring your portfolio is as close to resilient & bulletproof as possible. It seems many are quick to list their balances, but not so much how they diversified to weather SORR. Let me know where you’re at!

Here’s a look at my portfolio & plan:

36M/35F

Annual Expenses: $42k

Debt: Zero (Home paid off, worth $550k)

401k: $602k

Spouse 401k: $116k

IRA: $33,500

Taxable Account: $483,000

HYSA: $133k

* Hovering around 32x Expenses

Plan is to increase HYSA to $150k as a volatility buffer, while also allocating $65k to SGOV within taxable. (hoping to achieve by June/July) So we’ll have roughly 5 years cash/cash equivalents to ensure we never have to sell in a downturn.

While many won’t agree with the cash position, it’s a value we’re comfortable with given how much we already have in equities. Our portfolio with conservative returns, assuming no further contributions, in theory, will allow us to retire together in 8-9 years. Ultimately, we’ll transition to part-time work simply to cover healthcare and offset expenses.

I’m confident in our strategy, but curious to hear your approach.