This is ozzie_mustache'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 203,116 and my FI portfolio was AUD 203,116.
I am now 13.5% on my way to achive my FIRE target of AUD 1,500,000.
My FI portfolio now consists of AUD 8,153 (4.0%) in investments, AUD 53,294 (26.2%) in retirement accounts, and AUD 141,669 (69.7%) in cash.
If I quit working today, my monthly pay out would be AUD 677 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
7,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in 0 years and 0 months,
in , and at that time I will be
40 years old.
By that time I will have invested/saved
another AUD 742,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
554,884