Net worth update per
This is SMSL'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 2,293,533 and my FI portfolio was AUD 1,061,034.
Net worth
AUD 2,293,533
FI portfolio
AUD 1,061,034
I am now 53.1% on my way to achive my FIRE target of AUD 2,000,000.
AUD 1,061,034 FIRE target: AUD 2,000,000
FI portfolio
My FI portfolio now consists of AUD 28,373 (2.7%) in investments, AUD 350,497 (33.0%) in retirement accounts, and AUD 682,164 (64.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 3,536 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
47
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 2,000,000
in 3 years and 5 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another AUD 328,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
610,966