Net worth update per September 1st 2020
This is jrinvest4fi's #14 net worth update. Please check out my profile here for more information. As of September 1st 2020, my net worth increased to AUD -9,464 and my FI portfolio increased to AUD 115,556
Net worth
AUD -9,464
Since the last update on July 31st 2020 my net worth has increased with AUD 1,776 (+ -15.8 %).
FI portfolio
AUD 115,556
Since the last update on July 31st 2020 my FI portfolio has increased with AUD 1,775 (+ 1.56 %).
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 7.7% on my way to achive my FIRE target of AUD 1,500,000. This is 0.1 percentage points closer, compared to the last net worth update.
AUD 115,556 FIRE target: AUD 1,500,000
FI portfolio
My FI portfolio now consists of AUD 24,397 (21.1%) in investments, AUD 67,676 (58.6%) in retirement accounts, and AUD 23,483 (20.3%) in cash.
Since my last update, my investments increased with AUD 860 (3.65%).
Since my last update, my retirement accounts increased with AUD 1,134 (1.7%).
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 385 for the rest of my life.
Monthly SWR amount
Retire today with (AUD)
When can I retire?
FI date
October 2045
My age
56
I am currently aiming to save/invest
approximately AUD
1,900
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,500,000
in 20 years and 4 months,
in October 2045, and at that time I will be
56 years old.
By that time I will have invested/saved
another AUD 571,900,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
812,544