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 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 2,513 (1.6%), 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 1,341 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 6 years and 6 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