This is SKY2024's #18 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 4,058,800 and my FI portfolio increased to AUD 1,114,000
The per-day change in net worth between the reported periods are shown in the plot below.
And the development and changes between each net worth reporting is shown in the tables below.
I am now 31.8% on my way to achive my FIRE target of AUD 3,500,000. This is 1.0 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of AUD 265,000 (23.8%) in investments, AUD 492,000 (44.2%) in retirement accounts, and AUD 357,000 (32.0%) in cash.
Since my last update, my investments
increased
with AUD 30,000
(12.77%), of which
AUD
8,000
was from
contributions, and AUD
22,000 was from
returns.
Since I started tracking, my total contributions have been
AUD
77,000,
and my total return has been
AUD
114,009.
Since my last update, my retirement accounts
increased
with AUD 11,149
(2.32%), of which
AUD
10,000
was from
contributions
, and AUD
1,149 was from
returns.
Since I started tracking, my total contributions have been
AUD
204,899,
and my total return is
AUD
26,405.
If I quit working today, my monthly pay out would be AUD 3,713 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
6,000
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 5 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another AUD 684,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,702,000