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Net worth update per October 15th 2022


This is k3nsh1n78's #122 net worth update. Please check out my profile here for more information. As of October 15th 2022, my net worth decreased to AUD 914,234 and my FI portfolio decreased to AUD 457,004


Net worth

AUD 914,234

Since the last update on October 8th 2022 my net worth has decreased with AUD -1,018 ( -0.11 %).

FI portfolio

AUD 457,004

Since the last update on October 8th 2022 my FI portfolio has decreased with AUD -918 ( -0.2 %).

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.
8 Oct 22 Change 15 Oct 22
Cash 61,950 -2,900 59,050
Investments 179,514 +3,629 183,143
Retirement acc 216,458 -1,647 214,811
Real estate 1,585,000 0 1,585,000
Other assets 19,850 -100 19,750
Total assets 2,062,772 -1,018 2,061,754

Mortgage 1,147,520 0 1,147,520
Other debt 0 0 0
Total debt 1,147,520 0 1,147,520
25 Dec 21 Change 15 Oct 22
Cash 96,500 -37,450 59,050
Investments 143,236 +39,907 183,143
Retirement acc 208,854 +5,957 214,811
Real estate 1,585,000 0 1,585,000
Other assets 23,950 -4,200 19,750
Total assets 2,057,540 +4,214 2,061,754

Mortgage 1,176,315 -28,795 1,147,520
Other debt 0 0 0
Total debt 1,176,315 -28,795 1,147,520
20 Jun 20 Change 15 Oct 22
Cash 147,750 -88,700 59,050
Investments 37,355 +145,788 183,143
Retirement acc 136,402 +78,409 214,811
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -17,530 19,750
Total assets 1,943,787 +117,967 2,061,754

Mortgage 1,300,865 -153,345 1,147,520
Other debt 0 0 0
Total debt 1,300,865 -153,345 1,147,520

I am now 30.5% on my way to achive my FIRE target of AUD 1,500,000. This is -0.1 percentage points closer, compared to the last net worth update.

AUD 457,004 FIRE target: AUD 1,500,000


30.5%

FI portfolio

My FI portfolio now consists of AUD 183,143 (40.1%) in investments, AUD 214,811 (47.0%) in retirement accounts, and AUD 59,050 (12.9%) in cash.

Investments

Since my last update, my investments increased with AUD 3,629 (2.02%).

Since I started tracking, my total contributions have been AUD 221,495, and my total return has been AUD -237,960.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -1,647 (-0.76%), of which AUD 400 was from contributions , and AUD 7,935 was from returns.

Since I started tracking, my total contributions have been AUD 175,203, and my total return is AUD 113,570.




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

If I quit working today, my monthly pay out would be AUD 1,523 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,523/month
(4.0% SWR)
1,332/month
(3.5% SWR)
1,142/month
(3.0% SWR)


When can I retire?

FI date

January 2029

My age

50

I am currently aiming to save/invest approximately AUD 8,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 3 years and 7 months, in January 2029, and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 600,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 442,996


Financial independence forecast