Net worth update per



This is my #79 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 877,482 and my FI portfolio increased to AUD 444,747


Net worth

AUD 877,482

Since the last update on my net worth has increased with AUD 8,470 (+ 0.97 %).

FI portfolio

AUD 444,747

Since the last update on my FI portfolio has increased with AUD 7,440 (+ 1.7 %).

Net worth
FI portfolio

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

I am now 29.6% on my way to achive my FIRE target of AUD 1,500,000. This is 0.5 percentage points closer, compared to the last net worth update.

AUD 444,747 FIRE target: AUD 1,500,000


29.6%


FI portfolio


My FI portfolio now consists of AUD 142,005 (31.9%) in investments, AUD 207,342 (46.6%) in retirement accounts, and AUD 95,400 (21.5%) in cash.

Investments

Since my last update, my investments increased with AUD 49,817 (54.04%), of which AUD 1,702 was from contributions, and AUD -831 was from returns.

Since I started tracking, my total contributions have been AUD 155,563, and my total return has been AUD -6,056.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -877 (-0.42%), of which AUD 1,847 was from contributions , and AUD -236 was from returns.

Since I started tracking, my total contributions have been AUD 46,503, and my total return is AUD 20,985.




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


If I quit working today, my monthly pay out would be AUD 1,482 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,482/month
(4.0% SWR)
1,297/month
(3.5% SWR)
1,111/month
(3.0% SWR)


When can I retire?


FI date


My age

50

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 4 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 656,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 399,253


Financial independence forecast