This is SDB'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 2,701,000 and my FI portfolio was AUD 1,671,000.
I am now 20.9% on my way to achive my FIRE target of AUD 8,000,000.
My FI portfolio now consists of AUD 50,000 (3.0%) in investments, AUD 1,606,000 (96.1%) in retirement accounts, and AUD 15,000 (0.9%) in cash.
If I quit working today, my monthly pay out would be AUD 5,570 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
1,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 8,000,000
in 11 years and 4 months,
in , and at that time I will be
44 years old.
By that time I will have invested/saved
another AUD 183,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
6,146,000