Net worth update per October 31st 2019
This is Anonymous's #2 net worth update. Please check out my profile here for more information. As of October 31st 2019, my net worth increased to AUD 39,720 and my FI portfolio increased to AUD 110,627
Net worth
AUD 39,720
Since the last update on September 30th 2019 my net worth has increased with AUD 7,621 (+ 23.74 %).
FI portfolio
AUD 110,627
Since the last update on September 30th 2019 my FI portfolio has increased with AUD 8,459 (+ 8.28 %).
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 7.4% on my way to achive my FIRE target of AUD 1,500,000. This is 0.6 percentage points closer, compared to the last net worth update.
AUD 110,627 FIRE target: AUD 1,500,000
FI portfolio
My FI portfolio now consists of AUD 19,036 (17.2%) in investments, AUD 22,306 (20.2%) in retirement accounts, and AUD 69,285 (62.6%) in cash.
Since my last update, my investments decreased with AUD -265 (-1.37%).
Since my last update, my retirement accounts increased with AUD 661 (3.05%).
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 368 for the rest of my life.
Monthly SWR amount
Retire today with (AUD)
When can I retire?
FI date
April 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 5 years and 10 months,
in April 2031, and at that time I will be
37 years old.
By that time I will have invested/saved
another AUD 690,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
699,373