This is swordy'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 1,345,041 and my FI portfolio was AUD 856,541.
I am now 32.9% on my way to achive my FIRE target of AUD 2,600,000.
My FI portfolio now consists of AUD 556,541 (65.0%) in investments, AUD 250,000 (29.2%) in retirement accounts, and AUD 50,000 (5.8%) in cash.
If I quit working today, my monthly pay out would be AUD 2,855 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
1,500
each month.
Assuming an annual return of
13% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 2,600,000
in 7 years and 1 months,
in , and at that time I will be
44 years old.
By that time I will have invested/saved
another AUD 145,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,597,959