This is JamesBP's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was AUD 38,284 and my FI portfolio was AUD 36,784.
I am now 1.8% on my way to achive my FIRE target of AUD 2,000,000.
My FI portfolio now consists of AUD 12,077 (32.8%) in investments, AUD 22,089 (60.1%) in retirement accounts, and AUD 2,618 (7.1%) in cash.
If I quit working today, my monthly pay out would be AUD 122 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
1,900
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 2,000,000
in 19 years and 8 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another AUD 562,400,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,400,816