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Net worth update per


This is EasyDoesIt's #4 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 5,587 and my FI portfolio decreased to AUD 24,211


Net worth

AUD 5,587

Since the last update on my net worth has decreased with AUD -1,509 ( -21.27 %).

FI portfolio

AUD 24,211

Since the last update on my FI portfolio has decreased with AUD -1,509 ( -5.87 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in AUD.
Change
Cash 22,374 -2,265 20,109
Investments 0 0 0
Retirement acc 3,346 +756 4,102
Real estate 0 0 0
Other assets 0 0 0
Total assets 25,720 -1,509 24,211

Mortgage 0 0 0
Other debt 18,624 0 18,624
Total debt 18,624 0 18,624
Change
Cash 5,179 +14,930 20,109
Investments 0 0 0
Retirement acc 188 +3,914 4,102
Real estate 0 0 0
Other assets 0 0 0
Total assets 5,367 +18,844 24,211

Mortgage 0 0 0
Other debt 18,624 0 18,624
Total debt 18,624 0 18,624
Change
Cash 5,179 +14,930 20,109
Investments 0 0 0
Retirement acc 188 +3,914 4,102
Real estate 0 0 0
Other assets 0 0 0
Total assets 5,367 +18,844 24,211

Mortgage 0 0 0
Other debt 18,624 0 18,624
Total debt 18,624 0 18,624

I am now 0.5% on my way to achive my FIRE target of AUD 5,000,000. This is -0.0 percentage points closer, compared to the last net worth update.

AUD 24,211 FIRE target: AUD 5,000,000


0.5%

FI portfolio

My FI portfolio now consists of AUD 4,102 (16.9%) in retirement accounts, and AUD 20,109 (83.1%) in cash.

Investments

Since my last update, my investments decreased with AUD 0 (0%), of which AUD 51,065 was from contributions, and AUD 4,764 was from returns.

Since I started tracking, my total contributions have been AUD 93,268, and my total return has been AUD 52,356.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 756 (22.59%), of which AUD 2,938 was from contributions , and AUD 856 was from returns.

Since I started tracking, my total contributions have been AUD 24,037, and my total return is AUD 6,907.




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

If I quit working today, my monthly pay out would be AUD 80 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
80/month
(4.0% SWR)
70/month
(3.5% SWR)
60/month
(3.0% SWR)


When can I retire?

FI date

My age

45

I am currently aiming to save/invest approximately AUD 5,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 5,000,000 in 19 years and 2 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another AUD 1,420,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 3,555,789


Financial independence forecast