Net worth update per
This is bettr_late_than_nevr'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 895,000 and my FI portfolio was AUD 342,000.
Net worth
AUD 895,000
FI portfolio
AUD 342,000
I am now 17.1% on my way to achive my FIRE target of AUD 2,000,000.
AUD 342,000 FIRE target: AUD 2,000,000
FI portfolio
My FI portfolio now consists of AUD 300,000 (87.7%) in retirement accounts, and AUD 42,000 (12.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 1,140 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
63
I am currently aiming to save/invest
approximately AUD
2,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 2,000,000
in 12 years and 8 months,
in , and at that time I will be
63 years old.
By that time I will have invested/saved
another AUD 396,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,262,000