Net worth update per



This is my #65 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 840,069 and my FI portfolio decreased to AUD 513,589


Net worth

AUD 840,069

Since the last update on my net worth has increased with AUD 419 (+ 0.05 %).

FI portfolio

AUD 513,589

Since the last update on my FI portfolio has decreased with AUD -181 ( -0.04 %).

Net worth
FI portfolio

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

I am now 34.2% 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 513,589 FIRE target: AUD 1,500,000


34.2%


FI portfolio


My FI portfolio now consists of AUD 83,994 (16.4%) in investments, AUD 198,745 (38.7%) in retirement accounts, and AUD 230,850 (44.9%) in cash.

Investments

Since my last update, my investments decreased with AUD -949 (-1.12%), of which AUD 609 was from contributions, and AUD -421 was from returns.

Since I started tracking, my total contributions have been AUD 39,063, and my total return has been AUD 7,764.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -432 (-0.22%).

Since I started tracking, my total contributions have been AUD 26,709, and my total return is AUD 37,452.




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


If I quit working today, my monthly pay out would be AUD 1,711 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,711/month
(4.0% SWR)
1,497/month
(3.5% SWR)
1,283/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 6 years and 6 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another AUD 632,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 354,411


Financial independence forecast