Net worth update per
This is Scarlette'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 AUD 1,519,819 and my FI portfolio was AUD 1,076,750.
Net worth
AUD 1,519,819
FI portfolio
AUD 1,076,750
I am now 25.3% on my way to achive my FIRE target of AUD 4,250,000.
AUD 1,076,750 FIRE target: AUD 4,250,000
FI portfolio
My FI portfolio now consists of AUD 265,933 (24.7%) in investments, AUD 731,184 (67.9%) in retirement accounts, and AUD 79,633 (7.4%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 3,589 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
53
I am currently aiming to save/invest
approximately AUD
6,033
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 4,250,000
in 8 years and 8 months,
in , and at that time I will be
53 years old.
By that time I will have invested/saved
another AUD 971,313,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
2,201,937