This is Gerry'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 NZD 261,790 and my FI portfolio was NZD 261,790.
I am now 52.4% on my way to achive my FIRE target of NZD 500,000.
My FI portfolio now consists of NZD 120,657 (46.1%) in investments, NZD 36,133 (13.8%) in retirement accounts, and NZD 105,000 (40.1%) in cash.
If I quit working today, my monthly pay out would be NZD 872 for the rest of my life.
I am currently aiming to save/invest
approximately NZD
4,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NZD 500,000
in -1 years and 0 months,
in , and at that time I will be
22 years old.
By that time I will have invested/saved
another NZD 152,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NZD
86,210