Net worth update per



This is my #9 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 671,843 and my FI portfolio increased to AUD 349,083


Net worth

AUD 671,843

Since the last update on my net worth has increased with AUD 9,252 (+ 1.4 %).

FI portfolio

AUD 349,083

Since the last update on my FI portfolio has increased with AUD 8,567 (+ 2.52 %).

Net worth
FI portfolio

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

I am now 23.3% 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 349,083 FIRE target: AUD 1,500,000


23.3%


FI portfolio


My FI portfolio now consists of AUD 44,807 (12.8%) in investments, AUD 142,176 (40.7%) in retirement accounts, and AUD 162,100 (46.4%) in cash.

Investments

Since my last update, my investments decreased with AUD -1,025 (-2.24%), of which AUD 1,702 was from contributions, and AUD -831 was from returns.

Since I started tracking, my total contributions have been AUD 155,563, and my total return has been AUD -6,056.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 2,492 (1.78%), of which AUD 1,847 was from contributions , and AUD -236 was from returns.

Since I started tracking, my total contributions have been AUD 46,503, and my total return is AUD 20,985.




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


If I quit working today, my monthly pay out would be AUD 1,163 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,163/month
(4.0% SWR)
1,018/month
(3.5% SWR)
872/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately AUD 8,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 5 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 744,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 406,917


Financial independence forecast