u/Background_Ad5067

I'm 35M. I have always imagined myself FIRE / Barista-FIRE at 40-45 years old. My math seems to work, assuming DINK, but hoping to get a second pair of eyes on this!

CURRENT NET WORTH - $1.4M

Liquid - $1.1M

• Company stocks - $500K
• ETFs, Roboadvisors - $260K
• HYSA (UOB Stash, OCBC 360, DBS Multiplier) - $290K

*Note - I'm planning to redistribute my portfolio soon as my company stock holdings is just for the company I work in. In other words, my portfolio is too concentrated in my company.

Illiquid - $255K

• SRS (invested via Endowus) - $40K
• CPF $215K

ANNUAL INCOME - $285K

• Salary + Bonus - $240K
• Company stock options  - $45K

Breakdown of Annual Income into Expenses, Investments and Savings

• Expenses - $121K
  • Personal Expense - $11K
  • Contribution to Joint Account with partner (i.e. shared expense) - $36K
  • Parent Allowance - $12K
  • Insurance - $6K
  • Miscellaneous (CPF, taxes) - $56K
• Investments - $93K
  • Company stock options - $45K
  • Others (ETFs, Roboadvisors, SRS) - $48K
• Savings - $71K

EXPECTED MONTHLY RETIREMENT EXPENSE - $6K

POTENTIAL CHANGES TO THE MATH

• We are not going to be DINK anymore. If everything goes well, I’m not sure how to adjust this plan to take into account a child. Hoping to get some help on estimates from parents in this sub. 
• I feel immensely guilty for buying a car - but I think it’s necessary for convenience’s sake. I expect to increase my monthly expense by $1.5K (on top of what I’m currently spending on transport).

Nervous to post on this sub for the first time, but genuinely appreciate any time spent to help assess my long post!