Net worth update per



This is my #9 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 27,835 and my FI portfolio increased to AUD 38,794


Net worth

AUD 27,835

Since the last update on my net worth has increased with AUD 10,691 (+ 62.36 %).

FI portfolio

AUD 38,794

Since the last update on my FI portfolio has increased with AUD 8,737 (+ 29.07 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in AUD.

I am now 0.8% on my way to achive my FIRE target of AUD 5,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

AUD 38,794 FIRE target: AUD 5,000,000


0.8%


FI portfolio


My FI portfolio now consists of AUD 8,661 (22.3%) in investments, AUD 7,398 (19.1%) in retirement accounts, and AUD 22,735 (58.6%) in cash.

Investments

Since my last update, my investments decreased with AUD -1,244 (-12.56%), of which AUD 2,981 was from contributions, and AUD 36 was from returns.

Since I started tracking, my total contributions have been AUD 19,577, and my total return has been AUD -268.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 1,066 (16.84%), of which AUD 513 was from contributions , and AUD 110 was from returns.

Since I started tracking, my total contributions have been AUD 9,370, and my total return is AUD 22.




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


If I quit working today, my monthly pay out would be AUD 129 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
129/month
(4.0% SWR)
113/month
(3.5% SWR)
96/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately AUD 2,500 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 5,000,000 in 27 years and 10 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 845,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 4,116,206


Financial independence forecast