Net worth update per



This is my #26 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 726,777 and my FI portfolio decreased to AUD 402,367


Net worth

AUD 726,777

Since the last update on my net worth has decreased with AUD -2,286 ( -0.31 %).

FI portfolio

AUD 402,367

Since the last update on my FI portfolio has decreased with AUD -2,166 ( -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 26.8% 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 402,367 FIRE target: AUD 1,500,000


26.8%


FI portfolio


My FI portfolio now consists of AUD 50,838 (12.6%) in investments, AUD 159,729 (39.7%) in retirement accounts, and AUD 191,800 (47.7%) in cash.

Investments

Since my last update, my investments decreased with AUD -329 (-0.64%), 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 2,513 (1.6%), 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 1,341 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,341/month
(4.0% SWR)
1,173/month
(3.5% SWR)
1,005/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 5 years and 11 months, in , and at that time I will be 50 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 385,633


Financial independence forecast