Net worth update per



This is my #25 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 729,063 and my FI portfolio increased to AUD 404,533


Net worth

AUD 729,063

Since the last update on my net worth has increased with AUD 3,523 (+ 0.49 %).

FI portfolio

AUD 404,533

Since the last update on my FI portfolio has increased with AUD 2,941 (+ 0.73 %).

Net worth
FI portfolio

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

I am now 27.0% 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 404,533 FIRE target: AUD 1,500,000


27.0%


FI portfolio


My FI portfolio now consists of AUD 51,167 (12.6%) in investments, AUD 157,216 (38.9%) in retirement accounts, and AUD 196,150 (48.5%) in cash.

Investments

Since my last update, my investments increased with AUD 1,033 (2.06%), 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 658 (0.42%), 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 1,348 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,348/month
(4.0% SWR)
1,179/month
(3.5% SWR)
1,011/month
(3.0% SWR)


When can I retire?


FI date


My age

49

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 49 years old.

By that time I will have invested/saved another AUD 712,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 383,467


Financial independence forecast