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Net worth update per



This is Obizzlebizzee'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 AED 209,649 and my FI portfolio was AED 106,649.


Net worth

AED 209,649

FI portfolio

AED 106,649

I am now 10.7% on my way to achive my FIRE target of AED 1,000,000.

AED 106,649 FIRE target: AED 1,000,000


10.7%

FI portfolio


My FI portfolio now consists of AED 41,199 (38.6%) in investments, AED 52,350 (49.1%) in retirement accounts, and AED 13,100 (12.3%) in cash.




How much can I withdraw according to the 4%-rule?



If I quit working today, my monthly pay out would be AED 355 for the rest of my life.

Retire today with (AED)
355/month
(4.0% SWR)
311/month
(3.5% SWR)
266/month
(3.0% SWR)


When can I retire?


FI date


My age

37

I am currently aiming to save/invest approximately AED 4,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AED 1,000,000 in 5 years and 8 months, in , and at that time I will be 37 years old.

By that time I will have invested/saved another AED 452,000, while the rest will be return on my existing FI portfolio and the new investments, in total AED 441,351


Financial independence forecast