This is my #2 net worth update. Please check out my profile here for more information. As of 2020-06-01T00:00:00Z, my net worth increased to SGD 1,512,081 and my FI portfolio increased to SGD 1,060,281
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
with SGD 59,654
(15.0%), of which
contributions, and SGD
879 was from
Since I started tracking, my total contributions have been SGD 54,000, and my total return has been SGD 35,002.
Since my last update, my retirement accounts
with SGD 6,803
(1.37%), of which
, and SGD
17,908 was from
Since I started tracking, my total contributions have been SGD 8,800, and my total return is SGD 28,979.
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
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 9 years and 2 months, in 2029-12-01T00:00:00Z, 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