Net worth update per
This is Bbr1022'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 800,000 and my FI portfolio was SGD 550,000.
Net worth
SGD 800,000
FI portfolio
SGD 550,000
I am now 27.5% on my way to achive my FIRE target of SGD 2,000,000.
SGD 550,000 FIRE target: SGD 2,000,000
FI portfolio
My FI portfolio now consists of SGD 250,000 (45.5%) in investments, SGD 280,000 (50.9%) in retirement accounts, and SGD 20,000 (3.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be SGD 1,833 for the rest of my life.
Retire today with (SGD)
When can I retire?
FI date
My age
47
I am currently aiming to save/invest
approximately SGD
2,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of SGD 2,000,000
in 6 years and 2 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another SGD 256,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total SGD
1,194,000