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Net worth update per



This is Redspaceship'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 AUD 915,000 and my FI portfolio was AUD 915,000.


Net worth

AUD 915,000

FI portfolio

AUD 915,000

I am now 76.2% on my way to achive my FIRE target of AUD 1,200,000.

AUD 915,000 FIRE target: AUD 1,200,000


76.2%

FI portfolio


My FI portfolio now consists of and AUD 915,000 (100.0%) in cash.




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



If I quit working today, my monthly pay out would be AUD 3,050 for the rest of my life.

Retire today with (AUD)
3,050/month
(4.0% SWR)
2,668/month
(3.5% SWR)
2,287/month
(3.0% SWR)


When can I retire?


FI date


My age

34

I am currently aiming to save/invest approximately AUD 7,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,200,000 in -1 years and -3 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another AUD 210,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 75,000


Financial independence forecast