Net worth update per



This is my #64 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 839,650 and my FI portfolio increased to AUD 513,770


Net worth

AUD 839,650

Since the last update on my net worth has decreased with AUD -88 ( -0.01 %).

FI portfolio

AUD 513,770

Since the last update on my FI portfolio has increased with AUD 312 (+ 0.06 %).

Net worth
FI portfolio

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

I am now 34.3% on my way to achive my FIRE target of AUD 1,500,000. This is 0.0 percentage points closer, compared to the last net worth update.

AUD 513,770 FIRE target: AUD 1,500,000


34.3%


FI portfolio


My FI portfolio now consists of AUD 84,943 (16.5%) in investments, AUD 199,177 (38.8%) in retirement accounts, and AUD 229,650 (44.7%) in cash.

Investments

Since my last update, my investments increased with AUD 292 (0.34%), 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 220 (0.11%), 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 1,712 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,712/month
(4.0% SWR)
1,498/month
(3.5% SWR)
1,284/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 9 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another AUD 624,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 362,230


Financial independence forecast