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Net worth update per


This is k3nsh1n78's #154 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 1,014,623 and my FI portfolio decreased to AUD 535,723


Net worth

AUD 1,014,623

Since the last update on my net worth has decreased with AUD -1,193 ( -0.12 %).

FI portfolio

AUD 535,723

Since the last update on my FI portfolio has decreased with AUD -1,093 ( -0.2 %).

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 61,250 +350 61,600
Investments 219,792 +33 219,825
Retirement acc 255,774 -1,476 254,298
Real estate 1,585,000 0 1,585,000
Other assets 16,650 -100 16,550
Total assets 2,138,466 -1,193 2,137,273

Mortgage 1,122,650 0 1,122,650
Other debt 0 0 0
Total debt 1,122,650 0 1,122,650
Change
Cash 69,700 -8,100 61,600
Investments 194,529 +25,296 219,825
Retirement acc 225,933 +28,365 254,298
Real estate 1,585,000 0 1,585,000
Other assets 18,650 -2,100 16,550
Total assets 2,093,812 +43,461 2,137,273

Mortgage 1,141,970 -19,320 1,122,650
Other debt 0 0 0
Total debt 1,141,970 -19,320 1,122,650
Change
Cash 147,750 -86,150 61,600
Investments 37,355 +182,470 219,825
Retirement acc 136,402 +117,896 254,298
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -20,730 16,550
Total assets 1,943,787 +193,486 2,137,273

Mortgage 1,300,865 -178,215 1,122,650
Other debt 0 0 0
Total debt 1,300,865 -178,215 1,122,650

I am now 35.7% 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 535,723 FIRE target: AUD 1,500,000


35.7%

FI portfolio

My FI portfolio now consists of AUD 219,825 (41.0%) in investments, AUD 254,298 (47.5%) in retirement accounts, and AUD 61,600 (11.5%) in cash.

Investments

Since my last update, my investments increased with AUD 33 (0.02%).

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 -1,476 (-0.58%), 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 1,785 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,785/month
(4.0% SWR)
1,562/month
(3.5% SWR)
1,339/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 544,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 420,277


Financial independence forecast