As mentioned in my March dividend update, I received $352.33 in dividends and counting interest income of $3.72, my total potential retirement income came in at $356.05. This covered 27.09% of my minimum expenses for March. The 30 year treasury yield ended March at 3.10%. Based on this my FI number, monthly income that could be generated using liquid net worth invested in the 30 year Treasury bond, would generate $337.64 in monthly income. This would cover 25.69% of my minimum expenses from March.
*Minimum Expenses are only the expenses related to rent, utilities, car, food, minimum payment on debt and other necessities. In other words, the required amount of replacement income I would need for financial independence.
*Total Expenses are the total monthly outflow of money.
*Potential Retirement Income is income received from dividends, interest, cash back from credit card purchases and any other source of income not related to my job.
*FI is my liquid net worth invested at the 30 year treasury bond yield at the end of each month divided by 12 to get monthly income.
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I've updated my Progress page to reflect March's changes.
How did you do on your budget for the month? Is there anything you're going to focus more on in April due to March's expenses?