This is Jcc92'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 SGD 756,393 and my FI portfolio was SGD 416,393.
I am now 16.7% on my way to achive my FIRE target of SGD 2,500,000.
My FI portfolio now consists of SGD 362,133 (87.0%) in investments, and SGD 54,260 (13.0%) in cash.
If I quit working today, my monthly pay out would be SGD 1,387 for the rest of my life.
I am currently aiming to save/invest
approximately SGD
19,500
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of SGD 2,500,000
in 5 years and 7 months,
in , and at that time I will be
38 years old.
By that time I will have invested/saved
another SGD 1,618,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total SGD
465,107