Net worth update per
This is jrinvest4fi'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 -37,517 and my FI portfolio was AUD 79,585.
Net worth
AUD -37,517
FI portfolio
AUD 79,585
I am now 5.3% on my way to achive my FIRE target of AUD 1,500,000.
AUD 79,585 FIRE target: AUD 1,500,000
FI portfolio
My FI portfolio now consists of AUD 8,329 (10.5%) in investments, AUD 59,032 (74.2%) in retirement accounts, and AUD 12,224 (15.4%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 265 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
56
I am currently aiming to save/invest
approximately AUD
1,900
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in 21 years and 5 months,
in , and at that time I will be
56 years old.
By that time I will have invested/saved
another AUD 596,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
823,815