Net worth update per
This is Lachesyx'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 AED 141,000 and my FI portfolio was AED 61,000.
Net worth
AED 141,000
FI portfolio
AED 61,000
I am now 4.1% on my way to achive my FIRE target of AED 1,500,000.
AED 61,000 FIRE target: AED 1,500,000
FI portfolio
My FI portfolio now consists of AED 25,000 (41.0%) in investments, AED 35,000 (57.4%) in retirement accounts, and AED 1,000 (1.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AED 203 for the rest of my life.
Retire today with (AED)
When can I retire?
FI date
My age
48
I am currently aiming to save/invest
approximately AED
1,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AED 1,500,000
in 19 years and 11 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another AED 265,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AED
1,174,000