This is jng'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 338,130 and my FI portfolio was AUD 239,332.
I am now 12.0% on my way to achive my FIRE target of AUD 2,000,000.
My FI portfolio now consists of AUD 2,332 (1.0%) in investments, AUD 234,000 (97.8%) in retirement accounts, and AUD 3,000 (1.3%) in cash.
If I quit working today, my monthly pay out would be AUD 797 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
1,100
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 2,000,000
in 13 years and 11 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another AUD 233,200,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,527,468