Net worth update per



This is my #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 684,245 and my FI portfolio increased to AUD 360,413


Net worth

AUD 684,245

Since the last update on my net worth has increased with AUD 4,399 (+ 0.65 %).

FI portfolio

AUD 360,413

Since the last update on my FI portfolio has increased with AUD 3,714 (+ 1.04 %).

Net worth
FI portfolio

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

I am now 24.0% on my way to achive my FIRE target of AUD 1,500,000. This is 0.2 percentage points closer, compared to the last net worth update.

AUD 360,413 FIRE target: AUD 1,500,000


24.0%


FI portfolio


My FI portfolio now consists of AUD 46,687 (13.0%) in investments, AUD 141,626 (39.3%) in retirement accounts, and AUD 172,100 (47.8%) in cash.

Investments

Since my last update, my investments increased with AUD 98 (0.21%), of which AUD 554 was from contributions, and AUD 854 was from returns.

Since I started tracking, my total contributions have been AUD 41,386, and my total return has been AUD 7,509.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 266 (0.19%), of which AUD 909 was from contributions , and AUD 564 was from returns.

Since I started tracking, my total contributions have been AUD 28,073, and my total return is AUD 32,976.




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


If I quit working today, my monthly pay out would be AUD 1,201 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,201/month
(4.0% SWR)
1,051/month
(3.5% SWR)
901/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 6 years and 8 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 395,587


Financial independence forecast