Net worth update per



This is my #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 222,291 and my FI portfolio increased to AUD 270,991


Net worth

AUD 222,291

Since the last update on my net worth has increased with AUD 10,834 (+ 5.12 %).

FI portfolio

AUD 270,991

Since the last update on my FI portfolio has increased with AUD 10,834 (+ 4.16 %).

Net worth
FI portfolio

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

I am now 36.1% on my way to achive my FIRE target of AUD 750,000. This is 1.4 percentage points closer, compared to the last net worth update.

AUD 270,991 FIRE target: AUD 750,000


36.1%


FI portfolio


My FI portfolio now consists of AUD 220,000 (81.2%) in investments, AUD 50,491 (18.6%) in retirement accounts, and AUD 500 (0.2%) in cash.

Investments

Since my last update, my investments increased with AUD 13,000 (6.28%), of which AUD 8,590 was from contributions, and AUD 4,410 was from returns.

Since I started tracking, my total contributions have been AUD 72,016, and my total return has been AUD 24,984.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 2,334 (4.85%), of which AUD 1,776 was from contributions , and AUD 558 was from returns.

Since I started tracking, my total contributions have been AUD 14,607, and my total return is AUD -116.




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


If I quit working today, my monthly pay out would be AUD 903 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
903/month
(4.0% SWR)
790/month
(3.5% SWR)
677/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 10 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another AUD 240,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 239,009


Financial independence forecast