Net worth update per



This is my #37 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 748,361 and my FI portfolio decreased to AUD 426,561


Net worth

AUD 748,361

Since the last update on my net worth has decreased with AUD -3,200 ( -0.43 %).

FI portfolio

AUD 426,561

Since the last update on my FI portfolio has decreased with AUD -3,800 ( -0.88 %).

Net worth
FI portfolio

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

I am now 28.4% 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 426,561 FIRE target: AUD 1,500,000


28.4%


FI portfolio


My FI portfolio now consists of AUD 57,003 (13.4%) in investments, AUD 163,508 (38.3%) in retirement accounts, and AUD 206,050 (48.3%) in cash.

Investments

Since my last update, my investments decreased with AUD -752 (-1.3%), 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 decreased with AUD -3,648 (-2.18%), 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 1,421 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,421/month
(4.0% SWR)
1,244/month
(3.5% SWR)
1,066/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 696,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 377,439


Financial independence forecast