This is my #3 net worth update. Please check out my profile here for more information. As of 2020-07-04T00:00:00Z, my net worth increased to AUD 648,895 and my FI portfolio increased to AUD 327,389
I am now 21.8% on my way to achive my FIRE target of AUD 1,500,000. This is 0.4 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of AUD 38,967 (11.9%) in investments, AUD 137,422 (42.0%) in retirement accounts, and AUD 151,000 (46.1%) in cash.
Since my last update, my investments
with AUD 523
(1.36%), of which
contributions, and AUD
854 was from
Since I started tracking, my total contributions have been AUD 41,386, and my total return has been AUD 7,509.
Since my last update, my retirement accounts
with AUD 2,892
(2.15%), of which
, and AUD
564 was from
Since I started tracking, my total contributions have been AUD 28,073, and my total return is AUD 32,976.
If I quit working today, my monthly pay out would be AUD 1,091 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 6 years and 7 months, in 2028-06-04T00:00:00Z, and at that time I will be 50 years old.
By that time I will have invested/saved another AUD 760,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 412,611