This is danb289'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 88,127 and my FI portfolio was AUD 153,397.
I am now 10.2% on my way to achive my FIRE target of AUD 1,500,000.
My FI portfolio now consists of AUD 65,286 (42.6%) in investments, AUD 51,675 (33.7%) in retirement accounts, and AUD 36,436 (23.8%) in cash.
If I quit working today, my monthly pay out would be AUD 511 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
1,400
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in 19 years and 3 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another AUD 373,800,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
972,803