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This is k3nsh1n78's #131 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 955,367 and my FI portfolio increased to AUD 492,727


Net worth

AUD 955,367

Since the last update on my net worth has increased with AUD 8,314 (+ 0.88 %).

FI portfolio

AUD 492,727

Since the last update on my FI portfolio has increased with AUD 7,564 (+ 1.56 %).

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 65,400 +7,250 72,650
Investments 190,108 +764 190,872
Retirement acc 229,655 -450 229,205
Real estate 1,585,000 0 1,585,000
Other assets 18,950 -100 18,850
Total assets 2,089,113 +7,464 2,096,577

Mortgage 1,142,060 -850 1,141,210
Other debt 0 0 0
Total debt 1,142,060 -850 1,141,210
Change
Cash 96,500 -23,850 72,650
Investments 143,236 +47,636 190,872
Retirement acc 208,854 +20,351 229,205
Real estate 1,585,000 0 1,585,000
Other assets 23,950 -5,100 18,850
Total assets 2,057,540 +39,037 2,096,577

Mortgage 1,176,315 -35,105 1,141,210
Other debt 0 0 0
Total debt 1,176,315 -35,105 1,141,210
Change
Cash 147,750 -75,100 72,650
Investments 37,355 +153,517 190,872
Retirement acc 136,402 +92,803 229,205
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -18,430 18,850
Total assets 1,943,787 +152,790 2,096,577

Mortgage 1,300,865 -159,655 1,141,210
Other debt 0 0 0
Total debt 1,300,865 -159,655 1,141,210

I am now 32.8% 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 492,727 FIRE target: AUD 1,500,000


32.8%

FI portfolio

My FI portfolio now consists of AUD 190,872 (38.7%) in investments, AUD 229,205 (46.5%) in retirement accounts, and AUD 72,650 (14.7%) in cash.

Investments

Since my last update, my investments increased with AUD 764 (0.4%).

Since I started tracking, my total contributions have been AUD 221,495, and my total return has been AUD -245,215.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -450 (-0.2%), of which AUD 2,233 was from contributions , and AUD -6,788 was from returns.

Since I started tracking, my total contributions have been AUD 144,919, and my total return is AUD 73,383.




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

If I quit working today, my monthly pay out would be AUD 1,642 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,642/month
(4.0% SWR)
1,437/month
(3.5% SWR)
1,231/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 4 years and 11 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 608,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 399,273


Financial independence forecast