This is kai_'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 1,217,769 and my FI portfolio was AUD 352,571.
I am now 17.6% on my way to achive my FIRE target of AUD 2,000,000.
My FI portfolio now consists of AUD 195,628 (55.5%) in investments, AUD 147,616 (41.9%) in retirement accounts, and AUD 9,327 (2.6%) in cash.
If I quit working today, my monthly pay out would be AUD 1,175 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
18,000
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 6 months,
in , and at that time I will be
33 years old.
By that time I will have invested/saved
another AUD 1,098,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
549,429