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Net worth update per


This is k3nsh1n78's #70 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 844,991 and my FI portfolio decreased to AUD 517,901


Net worth

AUD 844,991

Since the last update on my net worth has decreased with AUD -469 ( -0.06 %).

FI portfolio

AUD 517,901

Since the last update on my FI portfolio has decreased with AUD -369 ( -0.07 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in AUD.
Change
Cash 237,450 -3,250 234,200
Investments 84,842 +1,408 86,250
Retirement acc 195,978 +1,473 197,451
Real estate 1,585,000 0 1,585,000
Other assets 25,050 -100 24,950
Total assets 2,128,320 -469 2,127,851

Mortgage 1,282,860 0 1,282,860
Other debt 0 0 0
Total debt 1,282,860 0 1,282,860
Change
Cash 193,950 +40,250 234,200
Investments 52,443 +33,807 86,250
Retirement acc 159,480 +37,971 197,451
Real estate 1,585,000 0 1,585,000
Other assets 34,040 -9,090 24,950
Total assets 2,024,913 +102,938 2,127,851

Mortgage 1,294,170 -11,310 1,282,860
Other debt 0 0 0
Total debt 1,294,170 -11,310 1,282,860
Change
Cash 147,750 +86,450 234,200
Investments 37,355 +48,895 86,250
Retirement acc 136,402 +61,049 197,451
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -12,330 24,950
Total assets 1,943,787 +184,064 2,127,851

Mortgage 1,300,865 -18,005 1,282,860
Other debt 0 0 0
Total debt 1,300,865 -18,005 1,282,860

I am now 34.5% 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 517,901 FIRE target: AUD 1,500,000


34.5%

FI portfolio

My FI portfolio now consists of AUD 86,250 (16.7%) in investments, AUD 197,451 (38.1%) in retirement accounts, and AUD 234,200 (45.2%) in cash.

Investments

Since my last update, my investments increased with AUD 1,408 (1.66%).

Since I started tracking, my total contributions have been AUD 221,495, and my total return has been AUD -245,215.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 1,473 (0.75%), of which AUD 2,233 was from contributions , and AUD -6,788 was from returns.

Since I started tracking, my total contributions have been AUD 144,919, and my total return is AUD 73,383.




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

If I quit working today, my monthly pay out would be AUD 1,726 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,726/month
(4.0% SWR)
1,510/month
(3.5% SWR)
1,294/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 3 years and 11 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 358,099


Financial independence forecast