Net worth update per
This is CaptainA'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 127,000 and my FI portfolio was AUD 127,000.
Net worth
AUD 127,000
FI portfolio
AUD 127,000
I am now 6.3% on my way to achive my FIRE target of AUD 2,000,000.
AUD 127,000 FIRE target: AUD 2,000,000
FI portfolio
My FI portfolio now consists of AUD 5,000 (3.9%) in investments, AUD 120,000 (94.5%) in retirement accounts, and AUD 2,000 (1.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 423 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
60
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 17 years and 4 months,
in , and at that time I will be
60 years old.
By that time I will have invested/saved
another AUD 260,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,613,000