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Net worth update per



This is sommers'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 13,169 and my FI portfolio was AUD 49,498.


Net worth

AUD 13,169

FI portfolio

AUD 49,498

I am now 2.0% on my way to achive my FIRE target of AUD 2,500,000.

AUD 49,498 FIRE target: AUD 2,500,000


2.0%

FI portfolio


My FI portfolio now consists of AUD 9,076 (18.3%) in investments, AUD 2,020 (4.1%) in retirement accounts, and AUD 38,402 (77.6%) in cash.




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



If I quit working today, my monthly pay out would be AUD 164 for the rest of my life.

Retire today with (AUD)
164/month
(4.0% SWR)
144/month
(3.5% SWR)
123/month
(3.0% SWR)


When can I retire?


FI date


My age

47

I am currently aiming to save/invest approximately AUD 1,833 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,500,000 in 20 years and 8 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another AUD 538,902, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,911,600


Financial independence forecast