This is Brendan300a'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 1,485,000 and my FI portfolio was AUD 537,000.
I am now 26.9% on my way to achive my FIRE target of AUD 2,000,000.
My FI portfolio now consists of AUD 200,000 (37.2%) in investments, AUD 315,000 (58.7%) in retirement accounts, and AUD 22,000 (4.1%) in cash.
If I quit working today, my monthly pay out would be AUD 1,790 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
15,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 2,000,000
in 1 years and 1 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another AUD 885,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
578,000