Net worth update per



This is my #27 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 731,309 and my FI portfolio increased to AUD 406,319


Net worth

AUD 731,309

Since the last update on my net worth has increased with AUD 4,532 (+ 0.62 %).

FI portfolio

AUD 406,319

Since the last update on my FI portfolio has increased with AUD 3,952 (+ 0.98 %).

Net worth
FI portfolio

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

I am now 27.1% on my way to achive my FIRE target of AUD 1,500,000. This is 0.3 percentage points closer, compared to the last net worth update.

AUD 406,319 FIRE target: AUD 1,500,000


27.1%


FI portfolio


My FI portfolio now consists of AUD 52,034 (12.8%) in investments, AUD 160,785 (39.6%) in retirement accounts, and AUD 193,500 (47.6%) in cash.

Investments

Since my last update, my investments increased with AUD 1,196 (2.35%), 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 1,056 (0.66%), 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 1,354 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,354/month
(4.0% SWR)
1,185/month
(3.5% SWR)
1,015/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 10 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another AUD 704,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 389,681


Financial independence forecast