This is k3nsh1n78'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 642,922 and my FI portfolio was AUD 321,507.
I am now 21.4% on my way to achive my FIRE target of AUD 1,500,000.
My FI portfolio now consists of AUD 37,355 (11.6%) in investments, AUD 136,402 (42.4%) in retirement accounts, and AUD 147,750 (46.0%) in cash.
If I quit working today, my monthly pay out would be AUD 1,071 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
8,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in 2 years and 9 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another AUD 736,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
442,493