Net worth update per



This is my 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 642,922 and my FI portfolio was AUD 321,507.


Net worth

AUD 642,922

FI portfolio

AUD 321,507

I am now 21.4% on my way to achive my FIRE target of AUD 1,500,000.

AUD 321,507 FIRE target: AUD 1,500,000


21.4%

FI portfolio


My FI portfolio now consists of AUD 37,355 (11.6%) in investments, AUD 136,402 (42.4%) in retirement accounts, and AUD 147,750 (46.0%) in cash.




How much can I withdraw according to the 4%-rule?



If I quit working today, my monthly pay out would be AUD 1,071 for the rest of my life.

Retire today with (AUD)
1,071/month
(4.0% SWR)
937/month
(3.5% SWR)
803/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately AUD 8,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 6 years and 7 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 768,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 410,493


Financial independence forecast