Net worth update per



This is my first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was AUD 9,658 and my FI portfolio was AUD 9,658.


Net worth

AUD 9,658

FI portfolio

AUD 9,658

I am now 1.0% on my way to achive my FIRE target of AUD 1,000,000.

AUD 9,658 FIRE target: AUD 1,000,000


1.0%

FI portfolio


My FI portfolio now consists of AUD 2,782 (28.8%) in investments, AUD 2,094 (21.7%) in retirement accounts, and AUD 4,782 (49.5%) in cash.




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



If I quit working today, my monthly pay out would be AUD 32 for the rest of my life.

Retire today with (AUD)
32/month
(4.0% SWR)
28/month
(3.5% SWR)
24/month
(3.0% SWR)


When can I retire?


FI date


My age

51

I am currently aiming to save/invest approximately AUD 300 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,000,000 in 32 years and 3 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another AUD 116,400, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 873,942


Financial independence forecast