This is jobdodger'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 126,473 and my FI portfolio was AUD 126,473.
I am now 7.9% on my way to achive my FIRE target of AUD 1,600,000.
My FI portfolio now consists of AUD 62,545 (49.5%) in investments, AUD 18,503 (14.6%) in retirement accounts, and AUD 45,425 (35.9%) in cash.
If I quit working today, my monthly pay out would be AUD 421 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
4,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,600,000
in 9 years and 10 months,
in , and at that time I will be
44 years old.
By that time I will have invested/saved
another AUD 616,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
857,527