Net worth update per



This is my first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was AUD 1,685,816 and my FI portfolio was AUD 811,178.


Net worth

AUD 1,685,816

FI portfolio

AUD 811,178

I am now 40.6% on my way to achive my FIRE target of AUD 2,000,000.

AUD 811,178 FIRE target: AUD 2,000,000


40.6%

FI portfolio


My FI portfolio now consists of AUD 3,783 (0.5%) in investments, AUD 408,515 (50.4%) in retirement accounts, and AUD 398,880 (49.2%) in cash.




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



If I quit working today, my monthly pay out would be AUD 2,703 for the rest of my life.

Retire today with (AUD)
2,703/month
(4.0% SWR)
2,365/month
(3.5% SWR)
2,027/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately AUD 6,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,000,000 in 8 years and 7 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 630,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 558,822


Financial independence forecast