This is Wonkey'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 17,000 and my FI portfolio was AUD 10,000.
I am now 0.7% on my way to achive my FIRE target of AUD 1,500,000.
My FI portfolio now consists of AUD 1,000 (10.0%) in retirement accounts, and AUD 9,000 (90.0%) in cash.
If I quit working today, my monthly pay out would be AUD 33 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
100
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in 43 years and 9 months,
in , and at that time I will be
74 years old.
By that time I will have invested/saved
another AUD 57,100,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,432,900