Net worth update per



This is my #8 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 185,172 and my FI portfolio decreased to AUD 233,872


Net worth

AUD 185,172

Since the last update on my net worth has decreased with AUD -1,939 ( -1.04 %).

FI portfolio

AUD 233,872

Since the last update on my FI portfolio has decreased with AUD -1,939 ( -0.82 %).

Net worth
FI portfolio

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

I am now 31.2% on my way to achive my FIRE target of AUD 750,000. This is -0.3 percentage points closer, compared to the last net worth update.

AUD 233,872 FIRE target: AUD 750,000


31.2%


FI portfolio


My FI portfolio now consists of AUD 190,000 (81.2%) in investments, AUD 43,372 (18.5%) in retirement accounts, and AUD 500 (0.2%) in cash.

Investments

Since my last update, my investments increased with AUD 5,161 (2.79%), of which AUD 8,000 was from contributions, and AUD -3,300 was from returns.

Since I started tracking, my total contributions have been AUD 126,153, and my total return has been AUD 41,847.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD 0 (0.0%), of which AUD 800 was from contributions , and AUD 417 was from returns.

Since I started tracking, my total contributions have been AUD 20,383, and my total return is AUD 5,467.




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


If I quit working today, my monthly pay out would be AUD 779 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
779/month
(4.0% SWR)
682/month
(3.5% SWR)
584/month
(3.0% SWR)


When can I retire?


FI date


My age

41

I am currently aiming to save/invest approximately AUD 4,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 750,000 in 4 years and 1 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another AUD 264,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 252,128


Financial independence forecast