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Net worth update per


This is k3nsh1n78's #171 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 1,048,053 and my FI portfolio decreased to AUD 555,103


Net worth

AUD 1,048,053

Since the last update on my net worth has decreased with AUD -7,500 ( -0.71 %).

FI portfolio

AUD 555,103

Since the last update on my FI portfolio has decreased with AUD -8,900 ( -1.58 %).

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 52,600 -4,100 48,500
Investments 236,962 +780 237,742
Retirement acc 274,441 -5,580 268,861
Real estate 1,585,000 0 1,585,000
Other assets 14,950 -100 14,850
Total assets 2,163,953 -9,000 2,154,953

Mortgage 1,108,400 -1,500 1,106,900
Other debt 0 0 0
Total debt 1,108,400 -1,500 1,106,900
Change
Cash 69,700 -21,200 48,500
Investments 194,529 +43,213 237,742
Retirement acc 225,933 +42,928 268,861
Real estate 1,585,000 0 1,585,000
Other assets 18,650 -3,800 14,850
Total assets 2,093,812 +61,141 2,154,953

Mortgage 1,141,970 -35,070 1,106,900
Other debt 0 0 0
Total debt 1,141,970 -35,070 1,106,900
Change
Cash 147,750 -99,250 48,500
Investments 37,355 +200,387 237,742
Retirement acc 136,402 +132,459 268,861
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -22,430 14,850
Total assets 1,943,787 +211,166 2,154,953

Mortgage 1,300,865 -193,965 1,106,900
Other debt 0 0 0
Total debt 1,300,865 -193,965 1,106,900

I am now 37.0% on my way to achive my FIRE target of AUD 1,500,000. This is -0.6 percentage points closer, compared to the last net worth update.

AUD 555,103 FIRE target: AUD 1,500,000


37.0%

FI portfolio

My FI portfolio now consists of AUD 237,742 (42.8%) in investments, AUD 268,861 (48.4%) in retirement accounts, and AUD 48,500 (8.7%) in cash.

Investments

Since my last update, my investments increased with AUD 780 (0.33%).

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 -5,580 (-2.03%), 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 1,850 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,850/month
(4.0% SWR)
1,619/month
(3.5% SWR)
1,387/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 10 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 528,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 416,897


Financial independence forecast