This is ASX10Bagger'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 774,000 and my FI portfolio was AUD 774,000.
I am now 51.6% on my way to achive my FIRE target of AUD 1,500,000.
My FI portfolio now consists of AUD 620,000 (80.1%) in investments, AUD 132,000 (17.1%) in retirement accounts, and AUD 22,000 (2.8%) in cash.
If I quit working today, my monthly pay out would be AUD 2,580 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
8,333
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in -1 years and 0 months,
in , and at that time I will be
42 years old.
By that time I will have invested/saved
another AUD 349,986,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
376,014