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Net worth update per January 31st 2022


This is Anonymous's #29 net worth update. Please check out my profile here for more information. As of January 31st 2022, my net worth decreased to AUD 250,936 and my FI portfolio decreased to AUD 311,159


Net worth

AUD 250,936

Since the last update on December 31st 2021 my net worth has decreased with AUD -10,196 ( -3.9 %).

FI portfolio

AUD 311,159

Since the last update on December 31st 2021 my FI portfolio has decreased with AUD -10,196 ( -3.17 %).

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.
31 Dec 21 Change 31 Jan 22
Cash 99,885 +3,348 103,233
Investments 161,218 -8,729 152,489
Retirement acc 60,252 -4,815 55,437
Real estate 0 0 0
Other assets 0 0 0
Total assets 321,355 -10,196 311,159

Mortgage 0 0 0
Other debt 60,223 0 60,223
Total debt 60,223 0 60,223
31 Dec 21 Change 31 Jan 22
Cash 99,885 +3,348 103,233
Investments 161,218 -8,729 152,489
Retirement acc 60,252 -4,815 55,437
Real estate 0 0 0
Other assets 0 0 0
Total assets 321,355 -10,196 311,159

Mortgage 0 0 0
Other debt 60,223 0 60,223
Total debt 60,223 0 60,223
30 Sep 19 Change 31 Jan 22
Cash 61,222 +42,011 103,233
Investments 19,301 +133,188 152,489
Retirement acc 21,645 +33,792 55,437
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,168 +208,991 311,159

Mortgage 0 0 0
Other debt 70,069 -9,846 60,223
Total debt 70,069 -9,846 60,223

I am now 20.7% on my way to achive my FIRE target of AUD 1,500,000. This is -0.7 percentage points closer, compared to the last net worth update.

AUD 311,159 FIRE target: AUD 1,500,000


20.7%

FI portfolio

My FI portfolio now consists of AUD 152,489 (49.0%) in investments, AUD 55,437 (17.8%) in retirement accounts, and AUD 103,233 (33.2%) in cash.

Investments

Since my last update, my investments decreased with AUD -8,729 (-5.41%).

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -4,815 (-7.99%).




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

If I quit working today, my monthly pay out would be AUD 1,037 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,037/month
(4.0% SWR)
907/month
(3.5% SWR)
777/month
(3.0% SWR)


When can I retire?

FI date

January 2031

My age

37

I am currently aiming to save/invest approximately AUD 5,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 5 years and 7 months, in January 2031, and at that time I will be 37 years old.

By that time I will have invested/saved another AUD 540,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 648,841


Financial independence forecast