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This is firewarden's #7 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 3,509,623 and my FI portfolio increased to AUD 1,625,453


Net worth

AUD 3,509,623

Since the last update on my net worth has decreased with AUD -134,524 ( -3.69 %).

FI portfolio

AUD 1,625,453

Since the last update on my FI portfolio has increased with AUD 66,685 (+ 4.28 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in AUD.
Change
Cash 163,217 +33,907 197,124
Investments 559,887 +19,754 579,641
Retirement acc 835,664 +13,024 848,688
Real estate 3,077,778 + 5,555 3,083,333
Other assets 0 0 0
Total assets 4,636,546 +72,240 4,708,786

Mortgage 992,399 206,764 1,199,163
Other debt 0 0 0
Total debt 992,399 206,764 1,199,163
Change
Cash 134,461 +62,663 197,124
Investments 285,239 +294,402 579,641
Retirement acc 826,361 +22,327 848,688
Real estate 3,061,111 + 22,222 3,083,333
Other assets 0 0 0
Total assets 4,307,172 +401,614 4,708,786

Mortgage 914,817 284,346 1,199,163
Other debt 0 0 0
Total debt 914,817 284,346 1,199,163
Change
Cash 388,818 -191,694 197,124
Investments 0 +579,641 579,641
Retirement acc 627,250 +221,438 848,688
Real estate 3,050,000 + 33,333 3,083,333
Other assets 0 0 0
Total assets 4,066,068 +642,718 4,708,786

Mortgage 849,997 349,166 1,199,163
Other debt 0 0 0
Total debt 849,997 + 349,166 1,199,163

I am now 12.3% on my way to achive my FIRE target of AUD 13,200,000. This is 0.5 percentage points closer, compared to the last net worth update.

AUD 1,625,453 FIRE target: AUD 13,200,000


12.3%

FI portfolio

My FI portfolio now consists of AUD 579,641 (35.7%) in investments, AUD 848,688 (52.2%) in retirement accounts, and AUD 197,124 (12.1%) in cash.

Investments

Since my last update, my investments increased with AUD 19,754 (3.53%).

Since I started tracking, my total contributions have been AUD 2,763,512, and my total return has been AUD 434,174.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 13,024 (1.56%), of which AUD 19,944 was from contributions , and AUD 30,493 was from returns.

Since I started tracking, my total contributions have been AUD 2,430,227, and my total return is AUD 848,374.




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

If I quit working today, my monthly pay out would be AUD 5,418 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
5,418/month
(4.0% SWR)
4,740/month
(3.5% SWR)
4,063/month
(3.0% SWR)


When can I retire?

FI date

My age

53

I am currently aiming to save/invest approximately AUD 40,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 13,200,000 in 7 years and 4 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another AUD 6,400,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 5,174,547


Financial independence forecast