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Net worth update per



This is jng'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 338,130 and my FI portfolio was AUD 239,332.


Net worth

AUD 338,130

FI portfolio

AUD 239,332

I am now 12.0% on my way to achive my FIRE target of AUD 2,000,000.

AUD 239,332 FIRE target: AUD 2,000,000


12.0%

FI portfolio


My FI portfolio now consists of AUD 2,332 (1.0%) in investments, AUD 234,000 (97.8%) in retirement accounts, and AUD 3,000 (1.3%) in cash.




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



If I quit working today, my monthly pay out would be AUD 797 for the rest of my life.

Retire today with (AUD)
797/month
(4.0% SWR)
698/month
(3.5% SWR)
598/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately AUD 1,100 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,000,000 in 13 years and 11 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 233,200, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,527,468


Financial independence forecast