Net worth update per
This is to-be-fire-kid'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 229,000 and my FI portfolio was AUD 135,000.
Net worth
AUD 229,000
FI portfolio
AUD 135,000
I am now 3.4% on my way to achive my FIRE target of AUD 4,000,000.
AUD 135,000 FIRE target: AUD 4,000,000
FI portfolio
My FI portfolio now consists of AUD 50,000 (37.0%) in retirement accounts, and AUD 85,000 (63.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 450 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
46
I am currently aiming to save/invest
approximately AUD
8,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 4,000,000
in 11 years and 11 months,
in , and at that time I will be
46 years old.
By that time I will have invested/saved
another AUD 1,512,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
2,353,000