Net worth update per



This is my #54 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 70,794 and my FI portfolio decreased to AUD 67,794


Net worth

AUD 70,794

Since the last update on my net worth has decreased with AUD -1,204 ( -1.67 %).

FI portfolio

AUD 67,794

Since the last update on my FI portfolio has decreased with AUD -1,204 ( -1.74 %).

Net worth
FI portfolio

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

I am now 3.4% on my way to achive my FIRE target of AUD 2,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

AUD 67,794 FIRE target: AUD 2,000,000


3.4%


FI portfolio


My FI portfolio now consists of AUD 15,392 (22.7%) in investments, AUD 36,402 (53.7%) in retirement accounts, and AUD 16,000 (23.6%) in cash.

Investments

Since my last update, my investments decreased with AUD -628 (-3.92%).

Since I started tracking, my total contributions have been AUD 7,019, and my total return has been AUD -3,175.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -576 (-1.56%).

Since I started tracking, my total contributions have been AUD 10,782, and my total return is AUD 4,162.




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


If I quit working today, my monthly pay out would be AUD 225 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
225/month
(4.0% SWR)
197/month
(3.5% SWR)
169/month
(3.0% SWR)


When can I retire?


FI date


My age

51

I am currently aiming to save/invest approximately AUD 1,750 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,000,000 in 22 years and 9 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another AUD 479,500, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,452,706


Financial independence forecast