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Net worth update per


This is k3nsh1n78's #151 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 1,002,979 and my FI portfolio decreased to AUD 528,079


Net worth

AUD 1,002,979

Since the last update on my net worth has decreased with AUD -3,110 ( -0.31 %).

FI portfolio

AUD 528,079

Since the last update on my FI portfolio has decreased with AUD -3,910 ( -0.73 %).

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 60,150 +2,400 62,550
Investments 220,067 -3,484 216,583
Retirement acc 251,772 -2,826 248,946
Real estate 1,585,000 0 1,585,000
Other assets 16,950 -100 16,850
Total assets 2,133,939 -4,010 2,129,929

Mortgage 1,127,850 -900 1,126,950
Other debt 0 0 0
Total debt 1,127,850 -900 1,126,950
Change
Cash 69,700 -7,150 62,550
Investments 194,529 +22,054 216,583
Retirement acc 225,933 +23,013 248,946
Real estate 1,585,000 0 1,585,000
Other assets 18,650 -1,800 16,850
Total assets 2,093,812 +36,117 2,129,929

Mortgage 1,141,970 -15,020 1,126,950
Other debt 0 0 0
Total debt 1,141,970 -15,020 1,126,950
Change
Cash 147,750 -85,200 62,550
Investments 37,355 +179,228 216,583
Retirement acc 136,402 +112,544 248,946
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -20,430 16,850
Total assets 1,943,787 +186,142 2,129,929

Mortgage 1,300,865 -173,915 1,126,950
Other debt 0 0 0
Total debt 1,300,865 -173,915 1,126,950

I am now 35.2% on my way to achive my FIRE target of AUD 1,500,000. This is -0.3 percentage points closer, compared to the last net worth update.

AUD 528,079 FIRE target: AUD 1,500,000


35.2%

FI portfolio

My FI portfolio now consists of AUD 216,583 (41.0%) in investments, AUD 248,946 (47.1%) in retirement accounts, and AUD 62,550 (11.8%) in cash.

Investments

Since my last update, my investments decreased with AUD -3,484 (-1.58%).

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 decreased with AUD -2,826 (-1.12%), 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 1,760 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,760/month
(4.0% SWR)
1,540/month
(3.5% SWR)
1,320/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 8% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 3 years and 8 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 552,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 419,921


Financial independence forecast