Net worth update per


This is my #112 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 900,396 and my FI portfolio increased to AUD 451,136


Net worth

AUD 900,396

Since the last update on my net worth has increased with AUD 7,812 (+ 0.88 %).

FI portfolio

AUD 451,136

Since the last update on my FI portfolio has increased with AUD 7,902 (+ 1.78 %).

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 37,300 +500 37,800
Investments 195,480 +4,391 199,871
Retirement acc 210,454 +3,011 213,465
Real estate 1,585,000 0 1,585,000
Other assets 20,850 -100 20,750
Total assets 2,049,084 +7,802 2,056,886

Mortgage 1,156,500 -10 1,156,490
Other debt 0 0 0
Total debt 1,156,500 -10 1,156,490
Change
Cash 96,500 -58,700 37,800
Investments 143,236 +56,635 199,871
Retirement acc 208,854 +4,611 213,465
Real estate 1,585,000 0 1,585,000
Other assets 23,950 -3,200 20,750
Total assets 2,057,540 -654 2,056,886

Mortgage 1,176,315 -19,825 1,156,490
Other debt 0 0 0
Total debt 1,176,315 -19,825 1,156,490
Change
Cash 147,750 -109,950 37,800
Investments 37,355 +162,516 199,871
Retirement acc 136,402 +77,063 213,465
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -16,530 20,750
Total assets 1,943,787 +113,099 2,056,886

Mortgage 1,300,865 -144,375 1,156,490
Other debt 0 0 0
Total debt 1,300,865 -144,375 1,156,490

I am now 30.1% 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 451,136 FIRE target: AUD 1,500,000


30.1%

FI portfolio

My FI portfolio now consists of AUD 199,871 (44.3%) in investments, AUD 213,465 (47.3%) in retirement accounts, and AUD 37,800 (8.4%) in cash.

Investments

Since my last update, my investments increased with AUD 4,391 (2.25%), of which AUD 515 was from contributions, and AUD -1,834 was from returns.

Since I started tracking, my total contributions have been AUD 169,869, and my total return has been AUD -8,672.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 3,011 (1.43%), of which AUD 1,946 was from contributions , and AUD 436 was from returns.

Since I started tracking, my total contributions have been AUD 54,314, and my total return is AUD 25,131.




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

If I quit working today, my monthly pay out would be AUD 1,503 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,503/month
(4.0% SWR)
1,315/month
(3.5% SWR)
1,127/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 6 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 632,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 416,864


Financial independence forecast