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Net worth update per


This is Scarlette's #25 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 2,470,957 and my FI portfolio increased to AUD 1,929,856


Net worth

AUD 2,470,957

Since the last update on my net worth has increased with AUD 367,320 (+ 17.46 %).

FI portfolio

AUD 1,929,856

Since the last update on my FI portfolio has increased with AUD 313,214 (+ 19.37 %).

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 330,654 +156,221 486,875
Investments 418,451 +68,424 486,875
Retirement acc 867,537 +88,569 956,106
Real estate 900,000 + 270,000 1,170,000
Other assets 0 0 0
Total assets 2,516,642 +583,214 3,099,856

Mortgage 413,005 182,894 595,899
Other debt 0 + 33,000 33,000
Total debt 413,005 + 215,894 628,899
Change
Cash 330,654 +156,221 486,875
Investments 418,451 +68,424 486,875
Retirement acc 867,537 +88,569 956,106
Real estate 900,000 + 270,000 1,170,000
Other assets 0 0 0
Total assets 2,516,642 +583,214 3,099,856

Mortgage 413,005 182,894 595,899
Other debt 0 + 33,000 33,000
Total debt 413,005 + 215,894 628,899
Change
Cash 79,633 +407,242 486,875
Investments 265,933 +220,942 486,875
Retirement acc 731,184 +224,922 956,106
Real estate 1,205,000 -35,000 1,170,000
Other assets 0 0 0
Total assets 2,281,750 +818,106 3,099,856

Mortgage 761,931 -166,032 595,899
Other debt 0 + 33,000 33,000
Total debt 761,931 -133,032 628,899

I am now 45.4% on my way to achive my FIRE target of AUD 4,250,000. This is 7.4 percentage points closer, compared to the last net worth update.

AUD 1,929,856 FIRE target: AUD 4,250,000


45.4%

FI portfolio

My FI portfolio now consists of AUD 486,875 (25.2%) in investments, AUD 956,106 (49.5%) in retirement accounts, and AUD 486,875 (25.2%) in cash.

Investments

Since my last update, my investments increased with AUD 68,424 (16.35%).

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 88,569 (10.21%), 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 6,432 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
6,432/month
(4.0% SWR)
5,628/month
(3.5% SWR)
4,824/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 8 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 663,630, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,656,514


Financial independence forecast