Net worth update per



This is my #20 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 699,575 and my FI portfolio decreased to AUD 376,075


Net worth

AUD 699,575

Since the last update on my net worth has decreased with AUD -2,761 ( -0.39 %).

FI portfolio

AUD 376,075

Since the last update on my FI portfolio has decreased with AUD -2,058 ( -0.54 %).

Net worth
FI portfolio

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

I am now 25.1% 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 376,075 FIRE target: AUD 1,500,000


25.1%


FI portfolio


My FI portfolio now consists of AUD 49,791 (13.2%) in investments, AUD 144,484 (38.4%) in retirement accounts, and AUD 181,800 (48.3%) in cash.

Investments

Since my last update, my investments decreased with AUD -11 (-0.02%), 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 decreased with AUD -4,097 (-2.76%), 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 1,253 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,253/month
(4.0% SWR)
1,096/month
(3.5% SWR)
940/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 7 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 728,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 395,925


Financial independence forecast