This is my #8 net worth update. Please check out my profile here for more information. As of 2020-08-08T00:00:00Z, my net worth increased to AUD 662,591 and my FI portfolio increased to AUD 340,516
I am now 22.7% on my way to achive my FIRE target of AUD 1,500,000. This is 0.2 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of AUD 45,832 (13.5%) in investments, AUD 139,684 (41.0%) in retirement accounts, and AUD 155,000 (45.5%) in cash.
Since my last update, my investments
with AUD 2,239
(5.14%), of which
contributions, and AUD
-831 was from
Since I started tracking, my total contributions have been AUD 155,563, and my total return has been AUD -6,056.
Since my last update, my retirement accounts
with AUD 795
(0.57%), of which
, and AUD
-236 was from
Since I started tracking, my total contributions have been AUD 46,503, and my total return is AUD 20,985.
If I quit working today, my monthly pay out would be AUD 1,135 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 6 years and 0 months, in 2028-06-08T00:00:00Z, and at that time I will be 50 years old.
By that time I will have invested/saved another AUD 752,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 407,484