Net Worth Update (May 2021) – S$307,194

A work desk at home
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Written by Liz

Just your regular 27-year-old, queer, super-introverted, FIRE-chasing, frugal Singaporean, who lives a pretty good life while earning only a modest salary, but still plans to retire at age 40 with $1,000,000. Click here to read more

June 5, 2021

Hi! Welcome back to another month-end net worth update.

Every month, I track my net worth progress towards my $1,000,000 retirement nest egg, which is how much I need to retire early. Let’s find out how May 2021 went, and I’m going to jump straight into the financial update (because I don’t have much time to post this and I’m a little lazy hahaha).

A few things to note, as always:

– I track my net worth in Singapore Dollars (S$).
– But I also include a conversion to U.S. dollars (US$) in my net worth update.
– At the time of writing, the exchange rate is S$1 to US$0.755.

Without further ado, here are all the numbers.

What’s my net worth?
Net WorthAs at 30 April 2021As at 31 May 2021Gain / Loss
CashS$33,317S$34,937(+S$1,620)
Brokerage (SG)S$155,566S$154,840(-S$726)
Brokerage (International)S$50,920S$51,141(+S$221)
RetirementS$65,410S$66,276(+S$866)
TotalS$305,213S$307,194(+S$1,981)
As at 30 April 2021, my net worth was S$305,213, or US$230,130.

As at 31 May 2021, my net worth was S$307,194, or US$231,931.

This month was pretty flat, but I’m starting to build up my cash reserves again. It’s a matter of urgency now that I’m going to quit my job soon hahaha. I’ll just do my best with saving until I do.

(If you can’t view my asset allocation below, please refresh the page.)

What’s my asset allocation?
How was your financial progress for May 2021?

As always, thank you for reading and supporting this blog.

Become a Millionaire and Retire Early on a Modest Salary Book Cover

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