Net worth update per
This is firewarden'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 3,216,071 and my FI portfolio was AUD 1,016,068.
Net worth
AUD 3,216,071
FI portfolio
AUD 1,016,068
I am now 7.7% on my way to achive my FIRE target of AUD 13,200,000.
AUD 1,016,068 FIRE target: AUD 13,200,000
FI portfolio
My FI portfolio now consists of AUD 627,250 (61.7%) in retirement accounts, and AUD 388,818 (38.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 3,386 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
54
I am currently aiming to save/invest
approximately AUD
40,000
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 13,200,000
in 8 years and 1 months,
in , and at that time I will be
54 years old.
By that time I will have invested/saved
another AUD 7,000,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
5,183,932