This is Jigo'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 978,673 and my FI portfolio was AUD 483,635.
I am now 10.9% on my way to achive my FIRE target of AUD 4,450,000.
My FI portfolio now consists of AUD 131,980 (27.3%) in investments, AUD 341,900 (70.7%) in retirement accounts, and AUD 9,755 (2.0%) in cash.
If I quit working today, my monthly pay out would be AUD 1,612 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
15,500
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 4,450,000
in 10 years and 2 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another AUD 2,325,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,641,365