Net worth update per April 30th 2020
This is Anonymous's #8 net worth update. Please check out my profile here for more information. As of April 30th 2020, my net worth increased to AUD 62,168 and my FI portfolio increased to AUD 133,303
Net worth
AUD 62,168
Since the last update on March 31st 2020 my net worth has increased with AUD 8,173 (+ 15.14 %).
FI portfolio
AUD 133,303
Since the last update on March 31st 2020 my FI portfolio has increased with AUD 7,483 (+ 5.95 %).
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.
The changes for each asset class is shown in the table below. All numbers are in AUD.
I am now 8.9% on my way to achive my FIRE target of AUD 1,500,000. This is 0.5 percentage points closer, compared to the last net worth update.
AUD 133,303 FIRE target: AUD 1,500,000
FI portfolio
My FI portfolio now consists of AUD 30,923 (23.2%) in investments, AUD 21,100 (15.8%) in retirement accounts, and AUD 81,280 (61.0%) in cash.
Since my last update, my investments increased with AUD 6,712 (27.72%).
Since my last update, my retirement accounts increased with AUD 2,502 (13.45%).
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 444 for the rest of my life.
Monthly SWR amount
Retire today with (AUD)
When can I retire?
FI date
July 2031
My age
37
I am currently aiming to save/invest
approximately AUD
5,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in 6 years and 1 months,
in July 2031, and at that time I will be
37 years old.
By that time I will have invested/saved
another AUD 675,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
691,697