This is WYA89'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 1,360,500 and my FI portfolio was AUD 1,030,500.
I am now 25.8% on my way to achive my FIRE target of AUD 4,000,000.
My FI portfolio now consists of AUD 550,000 (53.4%) in investments, AUD 480,000 (46.6%) in retirement accounts, and AUD 500 (0.0%) in cash.
If I quit working today, my monthly pay out would be AUD 3,435 for the rest of my life.
I am currently aiming to save/invest
approximately AUD
3,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 4,000,000
in 11 years and 5 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another AUD 414,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
2,555,500