This is FreddieMacDougal'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 1,919,911 and my FI portfolio was AUD 1,428,911.
I am now 35.7% on my way to achive my FIRE target of AUD 4,000,000.
My FI portfolio now consists of AUD 730,000 (51.1%) in investments, AUD 600,000 (42.0%) in retirement accounts, and AUD 98,911 (6.9%) in cash.
If I quit working today, my monthly pay out would be AUD 4,763 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
16,666
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 2 years and 0 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another AUD 1,149,954,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,421,135