Net worth update per
This is FiU'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 1,485,000 and my FI portfolio was AUD 285,000.
Net worth
AUD 1,485,000
FI portfolio
AUD 285,000
I am now 28.5% on my way to achive my FIRE target of AUD 1,000,000.
AUD 285,000 FIRE target: AUD 1,000,000
FI portfolio
My FI portfolio now consists of AUD 20,000 (7.0%) in investments, AUD 240,000 (84.2%) in retirement accounts, and AUD 25,000 (8.8%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 950 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
55
I am currently aiming to save/invest
approximately AUD
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 AUD 1,000,000
in 6 years and 3 months,
in , and at that time I will be
55 years old.
By that time I will have invested/saved
another AUD 214,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
501,000