Net worth update per
This is MNC'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 SGD 1,510,695 and my FI portfolio was SGD 1,047,995.
Net worth
SGD 1,510,695
FI portfolio
SGD 1,047,995
I am now 26.2% on my way to achive my FIRE target of SGD 4,000,000.
SGD 1,047,995 FIRE target: SGD 4,000,000
FI portfolio
My FI portfolio now consists of SGD 397,770 (38.0%) in investments, SGD 495,673 (47.3%) in retirement accounts, and SGD 154,552 (14.7%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be SGD 3,493 for the rest of my life.
Retire today with (SGD)
When can I retire?
FI date
My age
48
I am currently aiming to save/invest
approximately SGD
12,500
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of SGD 4,000,000
in 5 years and 8 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another SGD 1,450,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total SGD
1,502,005