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Net worth update per


This is Scarlette's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 1,511,765 and my FI portfolio decreased to AUD 1,066,019


Net worth

AUD 1,511,765

Since the last update on my net worth has decreased with AUD -8,054 ( -0.53 %).

FI portfolio

AUD 1,066,019

Since the last update on my FI portfolio has decreased with AUD -10,731 ( -1.0 %).

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.
Change
Cash 79,633 +3,143 82,776
Investments 265,933 -11,190 254,743
Retirement acc 731,184 -2,684 728,500
Real estate 1,205,000 0 1,205,000
Other assets 0 0 0
Total assets 2,281,750 -10,731 2,271,019

Mortgage 761,931 -2,677 759,254
Other debt 0 0 0
Total debt 761,931 -2,677 759,254
Change
Cash 79,633 +3,143 82,776
Investments 265,933 -11,190 254,743
Retirement acc 731,184 -2,684 728,500
Real estate 1,205,000 0 1,205,000
Other assets 0 0 0
Total assets 2,281,750 -10,731 2,271,019

Mortgage 761,931 -2,677 759,254
Other debt 0 0 0
Total debt 761,931 -2,677 759,254
Change
Cash 79,633 +3,143 82,776
Investments 265,933 -11,190 254,743
Retirement acc 731,184 -2,684 728,500
Real estate 1,205,000 0 1,205,000
Other assets 0 0 0
Total assets 2,281,750 -10,731 2,271,019

Mortgage 761,931 -2,677 759,254
Other debt 0 0 0
Total debt 761,931 -2,677 759,254

I am now 25.1% on my way to achive my FIRE target of AUD 4,250,000. This is -0.3 percentage points closer, compared to the last net worth update.

AUD 1,066,019 FIRE target: AUD 4,250,000


25.1%

FI portfolio

My FI portfolio now consists of AUD 254,743 (23.9%) in investments, AUD 728,500 (68.3%) in retirement accounts, and AUD 82,776 (7.8%) in cash.

Investments

Since my last update, my investments decreased with AUD -11,190 (-4.21%).

Since I started tracking, my total contributions have been AUD 115,287, and my total return has been AUD 81,275.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -2,684 (-0.37%), of which AUD 3,300 was from contributions , and AUD 16,214 was from returns.

Since I started tracking, my total contributions have been AUD 63,022, and my total return is AUD 181,414.




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

If I quit working today, my monthly pay out would be AUD 3,553 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
3,553/month
(4.0% SWR)
3,109/month
(3.5% SWR)
2,665/month
(3.0% SWR)


When can I retire?

FI date

My age

53

I am currently aiming to save/invest approximately AUD 6,033 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 4,250,000 in 8 years and 10 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another AUD 977,346, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 2,206,635


Financial independence forecast