This is MNC's #2 net worth update. Please check out my profile here for more information. As of June 1st 2020, my net worth increased to SGD 1,512,081 and my FI portfolio increased to SGD 1,060,281
The per-day change in net worth between the reported periods are shown in the plot below.
And the development and changes between each net worth reporting is shown in the tables below.
I am now 26.5% on my way to achive my FIRE target of SGD 4,000,000. This is 0.3 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of SGD 457,424 (43.1%) in investments, SGD 502,476 (47.4%) in retirement accounts, and SGD 100,381 (9.5%) in cash.
Since my last update, my investments
increased
with SGD 59,654
(15.0%).
Since I started tracking, my total contributions have been
SGD
54,000,
and my total return has been
SGD
72,109.
Since my last update, my retirement accounts
increased
with SGD 6,803
(1.37%).
Since I started tracking, my total contributions have been
SGD
8,800,
and my total return is
SGD
38,389.
If I quit working today, my monthly pay out would be SGD 3,534 for the rest of my life.
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 4 years and 6 months,
in December 2029, and at that time I will be
48 years old.
By that time I will have invested/saved
another SGD 1,425,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total SGD
1,514,719