Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 1,697,851 and my FI portfolio increased to AUD 820,690


Net worth

AUD 1,697,851

Since the last update on my net worth has increased with AUD 12,035 (+ 0.71 %).

FI portfolio

AUD 820,690

Since the last update on my FI portfolio has increased with AUD 9,512 (+ 1.17 %).

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.

I am now 41.0% on my way to achive my FIRE target of AUD 2,000,000. This is 0.5 percentage points closer, compared to the last net worth update.

AUD 820,690 FIRE target: AUD 2,000,000


41.0%


FI portfolio


My FI portfolio now consists of AUD 6,361 (0.8%) in investments, AUD 413,682 (50.4%) in retirement accounts, and AUD 400,647 (48.8%) in cash.

Investments

Since my last update, my investments increased with AUD 2,578 (68.15%).

Since I started tracking, my total contributions have been AUD 2,500, and my total return has been AUD 38.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 5,167 (1.26%).

Since I started tracking, my total contributions have been AUD 3,250, and my total return is AUD 15,316.




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


If I quit working today, my monthly pay out would be AUD 2,735 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,735/month
(4.0% SWR)
2,393/month
(3.5% SWR)
2,051/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 624,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 555,310


Financial independence forecast