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Net worth update per



This is JamesBP's #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 43,685 and my FI portfolio increased to AUD 42,185


Net worth

AUD 43,685

Since the last update on my net worth has increased with AUD 1,273 (+ 3.0 %).

FI portfolio

AUD 42,185

Since the last update on my FI portfolio has increased with AUD 1,273 (+ 3.11 %).

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.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in AUD.

I am now 2.1% on my way to achive my FIRE target of AUD 2,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

AUD 42,185 FIRE target: AUD 2,000,000


2.1%


FI portfolio


My FI portfolio now consists of AUD 15,518 (36.8%) in investments, AUD 24,417 (57.9%) in retirement accounts, and AUD 2,250 (5.3%) in cash.

Investments

Since my last update, my investments increased with AUD 829 (5.64%).

Since I started tracking, my total contributions have been AUD 7,792, and my total return has been AUD -14,091.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 194 (0.8%).

Since I started tracking, my total contributions have been AUD 17,023, and my total return is AUD -4,090.




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


If I quit working today, my monthly pay out would be AUD 140 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
140/month
(4.0% SWR)
123/month
(3.5% SWR)
105/month
(3.0% SWR)


When can I retire?


FI date


My age

51

I am currently aiming to save/invest approximately AUD 1,900 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,000,000 in 20 years and 9 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another AUD 556,700, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,401,115


Financial independence forecast