This is Angrybeaver'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 1,685,816 and my FI portfolio was AUD 811,178.
I am now 40.6% on my way to achive my FIRE target of AUD 2,000,000.
My FI portfolio now consists of AUD 3,783 (0.5%) in investments, AUD 408,515 (50.4%) in retirement accounts, and AUD 398,880 (49.2%) in cash.
If I quit working today, my monthly pay out would be AUD 2,703 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
6,000
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 2,000,000
in 6 years and 2 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another AUD 630,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
558,822