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Net worth update per


This is Scarlette's #26 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 2,439,722 and my FI portfolio decreased to AUD 1,860,086


Net worth

AUD 2,439,722

Since the last update on my net worth has decreased with AUD -31,235 ( -1.26 %).

FI portfolio

AUD 1,860,086

Since the last update on my FI portfolio has decreased with AUD -69,770 ( -3.62 %).

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 486,875 -64,904 421,971
Investments 486,875 -24,380 462,495
Retirement acc 956,106 +19,514 975,620
Real estate 1,170,000 0 1,170,000
Other assets 0 0 0
Total assets 3,099,856 -69,770 3,030,086

Mortgage 595,899 -5,535 590,364
Other debt 33,000 -33,000 0
Total debt 628,899 -38,535 590,364
Change
Cash 330,654 +91,317 421,971
Investments 418,451 +44,044 462,495
Retirement acc 867,537 +108,083 975,620
Real estate 900,000 + 270,000 1,170,000
Other assets 0 0 0
Total assets 2,516,642 +513,444 3,030,086

Mortgage 413,005 177,359 590,364
Other debt 0 0 0
Total debt 413,005 177,359 590,364
Change
Cash 79,633 +342,338 421,971
Investments 265,933 +196,562 462,495
Retirement acc 731,184 +244,436 975,620
Real estate 1,205,000 -35,000 1,170,000
Other assets 0 0 0
Total assets 2,281,750 +748,336 3,030,086

Mortgage 761,931 -171,567 590,364
Other debt 0 0 0
Total debt 761,931 -171,567 590,364

I am now 43.8% on my way to achive my FIRE target of AUD 4,250,000. This is -1.6 percentage points closer, compared to the last net worth update.

AUD 1,860,086 FIRE target: AUD 4,250,000


43.8%

FI portfolio

My FI portfolio now consists of AUD 462,495 (24.9%) in investments, AUD 975,620 (52.5%) in retirement accounts, and AUD 421,971 (22.7%) in cash.

Investments

Since my last update, my investments decreased with AUD -24,380 (-5.01%).

Since I started tracking, my total contributions have been AUD 115,287, and my total return has been AUD 81,275.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 19,514 (2.04%), of which AUD 3,300 was from contributions , and AUD 16,214 was from returns.

Since I started tracking, my total contributions have been AUD 63,022, and my total return is AUD 181,414.




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

If I quit working today, my monthly pay out would be AUD 6,200 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
6,200/month
(4.0% SWR)
5,425/month
(3.5% SWR)
4,650/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately AUD 6,033 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 4,250,000 in 9 years and 4 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another AUD 681,729, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,708,185


Financial independence forecast