Net worth update per
This is minergav'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 AED 6,684,531 and my FI portfolio was AED 4,844,531.
Net worth
AED 6,684,531
FI portfolio
AED 4,844,531
I am now 80.7% on my way to achive my FIRE target of AED 6,000,000.
AED 4,844,531 FIRE target: AED 6,000,000
FI portfolio
My FI portfolio now consists of AED 1,708,596 (35.3%) in investments, AED 2,201,183 (45.4%) in retirement accounts, and AED 934,752 (19.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AED 16,148 for the rest of my life.
Retire today with (AED)
When can I retire?
FI date
My age
50
I am currently aiming to save/invest
approximately AED
10,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AED 6,000,000
in 1 years and 11 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another AED 240,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AED
915,469