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This is jobdodger's #7 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 321,631 and my FI portfolio decreased to AUD 321,631


Net worth

AUD 321,631

Since the last update on my net worth has decreased with AUD -2,735 ( -0.84 %).

FI portfolio

AUD 321,631

Since the last update on my FI portfolio has decreased with AUD -2,735 ( -0.84 %).

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 103,162 -2,112 101,050
Investments 198,631 -1,898 196,733
Retirement acc 22,573 +1,275 23,848
Real estate 0 0 0
Other assets 0 0 0
Total assets 324,366 -2,735 321,631

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 45,425 +55,625 101,050
Investments 62,545 +134,188 196,733
Retirement acc 18,503 +5,345 23,848
Real estate 0 0 0
Other assets 0 0 0
Total assets 126,473 +195,158 321,631

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 45,425 +55,625 101,050
Investments 62,545 +134,188 196,733
Retirement acc 18,503 +5,345 23,848
Real estate 0 0 0
Other assets 0 0 0
Total assets 126,473 +195,158 321,631

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 20.1% on my way to achive my FIRE target of AUD 1,600,000. This is -0.2 percentage points closer, compared to the last net worth update.

AUD 321,631 FIRE target: AUD 1,600,000


20.1%

FI portfolio

My FI portfolio now consists of AUD 196,733 (61.2%) in investments, AUD 23,848 (7.4%) in retirement accounts, and AUD 101,050 (31.4%) in cash.

Investments

Since my last update, my investments decreased with AUD -1,898 (-0.96%), of which AUD 76,438 was from contributions, and AUD 15,872 was from returns.

Since I started tracking, my total contributions have been AUD 324,485, and my total return has been AUD 146,927.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 1,275 (5.65%).

Since I started tracking, my total contributions have been AUD 42,798, and my total return is AUD 6,627.




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

If I quit working today, my monthly pay out would be AUD 1,072 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,072/month
(4.0% SWR)
938/month
(3.5% SWR)
804/month
(3.0% SWR)


When can I retire?

FI date

My age

42

I am currently aiming to save/invest approximately AUD 5,100 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,600,000 in 8 years and 11 months, in , and at that time I will be 42 years old.

By that time I will have invested/saved another AUD 632,400, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 645,969


Financial independence forecast