This is my 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 2021-10-11T00:00:00Z, my net worth was AUD 9,658 and my FI portfolio was AUD 9,658.
I am now 1.0% on my way to achive my FIRE target of AUD 1,000,000.
My FI portfolio now consists of AUD 2,782 (28.8%) in investments, AUD 2,094 (21.7%) in retirement accounts, and AUD 4,782 (49.5%) in cash.
If I quit working today, my monthly pay out would be AUD 32 for the rest of my life.
I am currently aiming to save/invest
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 32 years and 3 months, in 2054-02-11T00:00:00Z, and at that time I will be 51 years old.
By that time I will have invested/saved another AUD 116,400, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 873,942