This is SKY2024'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 2,949,137 and my FI portfolio was AUD 655,013.
I am now 18.7% on my way to achive my FIRE target of AUD 3,500,000.
My FI portfolio now consists of AUD 73,991 (11.3%) in investments, AUD 260,696 (39.8%) in retirement accounts, and AUD 320,326 (48.9%) in cash.
If I quit working today, my monthly pay out would be AUD 2,183 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
12,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 3,500,000
in 9 years and 3 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another AUD 1,368,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,476,987