Net worth update per
This is stressedDove3'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 ZAR 2,414,000 and my FI portfolio was ZAR 2,414,000.
Net worth
ZAR 2,414,000
FI portfolio
ZAR 2,414,000
I am now 24.1% on my way to achive my FIRE target of ZAR 10,000,000.
ZAR 2,414,000 FIRE target: ZAR 10,000,000
FI portfolio
My FI portfolio now consists of ZAR 250,000 (10.4%) in investments, ZAR 2,150,000 (89.1%) in retirement accounts, and ZAR 14,000 (0.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be ZAR 8,046 for the rest of my life.
Retire today with (ZAR)
When can I retire?
FI date
My age
51
I am currently aiming to save/invest
approximately ZAR
35,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of ZAR 10,000,000
in 3 years and 11 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another ZAR 3,220,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total ZAR
4,366,000