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Net worth update per February 11th 2023


This is k3nsh1n78's #139 net worth update. Please check out my profile here for more information. As of February 11th 2023, my net worth increased to AUD 983,276 and my FI portfolio decreased to AUD 514,466


Net worth

AUD 983,276

Since the last update on February 4th 2023 my net worth has increased with AUD 3,222 (+ 0.33 %).

FI portfolio

AUD 514,466

Since the last update on February 4th 2023 my FI portfolio has decreased with AUD -928 ( -0.18 %).

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.
4 Feb 23 Change 11 Feb 23
Cash 69,300 -2,350 66,950
Investments 206,828 -1,367 205,461
Retirement acc 239,266 +2,789 242,055
Real estate 1,585,000 0 1,585,000
Other assets 18,150 -100 18,050
Total assets 2,118,544 -1,028 2,117,516

Mortgage 1,138,490 -4,250 1,134,240
Other debt 0 0 0
Total debt 1,138,490 -4,250 1,134,240
31 Dec 22 Change 11 Feb 23
Cash 69,700 -2,750 66,950
Investments 194,529 +10,932 205,461
Retirement acc 225,933 +16,122 242,055
Real estate 1,585,000 0 1,585,000
Other assets 18,650 -600 18,050
Total assets 2,093,812 +23,704 2,117,516

Mortgage 1,141,970 -7,730 1,134,240
Other debt 0 0 0
Total debt 1,141,970 -7,730 1,134,240
20 Jun 20 Change 11 Feb 23
Cash 147,750 -80,800 66,950
Investments 37,355 +168,106 205,461
Retirement acc 136,402 +105,653 242,055
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -19,230 18,050
Total assets 1,943,787 +173,729 2,117,516

Mortgage 1,300,865 -166,625 1,134,240
Other debt 0 0 0
Total debt 1,300,865 -166,625 1,134,240

I am now 34.3% 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 514,466 FIRE target: AUD 1,500,000


34.3%

FI portfolio

My FI portfolio now consists of AUD 205,461 (39.9%) in investments, AUD 242,055 (47.0%) in retirement accounts, and AUD 66,950 (13.0%) in cash.

Investments

Since my last update, my investments decreased with AUD -1,367 (-0.66%).

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 increased with AUD 2,789 (1.17%), 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 1,714 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,714/month
(4.0% SWR)
1,500/month
(3.5% SWR)
1,286/month
(3.0% SWR)


When can I retire?

FI date

December 2028

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 6 months, in December 2028, and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 560,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 425,534


Financial independence forecast