Net worth update per
This is KR17'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 117,000 and my FI portfolio was AUD 110,000.
Net worth
AUD 117,000
FI portfolio
AUD 110,000
I am now 5.5% on my way to achive my FIRE target of AUD 2,000,000.
AUD 110,000 FIRE target: AUD 2,000,000
FI portfolio
My FI portfolio now consists of AUD 15,000 (13.6%) in investments, AUD 90,000 (81.8%) in retirement accounts, and AUD 5,000 (4.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 366 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
51
I am currently aiming to save/invest
approximately AUD
1,000
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 18 years and 2 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another AUD 270,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,620,000