Net worth update per



This is my #50 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 7,504,574 and my FI portfolio increased to AUD 6,449,622


Net worth

AUD 7,504,574

Since the last update on my net worth has increased with AUD 109,183 (+ 1.48 %).

FI portfolio

AUD 6,449,622

Since the last update on my FI portfolio has increased with AUD 102,946 (+ 1.62 %).

Net worth
FI portfolio

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

I am now 48.9% on my way to achive my FIRE target of AUD 13,200,000. This is 0.8 percentage points closer, compared to the last net worth update.

AUD 6,449,622 FIRE target: AUD 13,200,000


48.9%


FI portfolio


My FI portfolio now consists of AUD 2,742,938 (42.5%) in investments, AUD 3,117,115 (48.3%) in retirement accounts, and AUD 589,569 (9.1%) in cash.

Investments

Since my last update, my investments increased with AUD 103,534 (3.92%), of which AUD 133,996 was from contributions, and AUD -30,462 was from returns.

Since I started tracking, my total contributions have been AUD 2,374,989, and my total return has been AUD 367,949.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 217,627 (7.51%), of which AUD 218,032 was from contributions , and AUD -405 was from returns.

Since I started tracking, my total contributions have been AUD 1,827,809, and my total return is AUD 662,056.




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


If I quit working today, my monthly pay out would be AUD 21,498 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
21,498/month
(4.0% SWR)
18,811/month
(3.5% SWR)
16,124/month
(3.0% SWR)


When can I retire?


FI date


My age

48

I am currently aiming to save/invest approximately AUD 60,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 13,200,000 in 4 years and 6 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another AUD 3,360,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 3,390,378


Financial independence forecast