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Net worth update per September 30th 2023


This is k3nsh1n78's #172 net worth update. Please check out my profile here for more information. As of September 30th 2023, my net worth decreased to AUD 1,043,227 and my FI portfolio decreased to AUD 552,047


Net worth

AUD 1,043,227

Since the last update on September 23rd 2023 my net worth has decreased with AUD -4,826 ( -0.46 %).

FI portfolio

AUD 552,047

Since the last update on September 23rd 2023 my FI portfolio has decreased with AUD -3,056 ( -0.55 %).

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.
23 Sep 23 Change 30 Sep 23
Cash 48,500 -2,750 45,750
Investments 237,742 +582 238,324
Retirement acc 268,861 -888 267,973
Real estate 1,585,000 0 1,585,000
Other assets 14,850 -100 14,750
Total assets 2,154,953 -3,156 2,151,797

Mortgage 1,106,900 1,670 1,108,570
Other debt 0 0 0
Total debt 1,106,900 1,670 1,108,570
31 Dec 22 Change 30 Sep 23
Cash 69,700 -23,950 45,750
Investments 194,529 +43,795 238,324
Retirement acc 225,933 +42,040 267,973
Real estate 1,585,000 0 1,585,000
Other assets 18,650 -3,900 14,750
Total assets 2,093,812 +57,985 2,151,797

Mortgage 1,141,970 -33,400 1,108,570
Other debt 0 0 0
Total debt 1,141,970 -33,400 1,108,570
20 Jun 20 Change 30 Sep 23
Cash 147,750 -102,000 45,750
Investments 37,355 +200,969 238,324
Retirement acc 136,402 +131,571 267,973
Real estate 1,585,000 0 1,585,000
Other assets 37,280 -22,530 14,750
Total assets 1,943,787 +208,010 2,151,797

Mortgage 1,300,865 -192,295 1,108,570
Other debt 0 0 0
Total debt 1,300,865 -192,295 1,108,570

I am now 36.8% on my way to achive my FIRE target of AUD 1,500,000. This is -0.2 percentage points closer, compared to the last net worth update.

AUD 552,047 FIRE target: AUD 1,500,000


36.8%

FI portfolio

My FI portfolio now consists of AUD 238,324 (43.2%) in investments, AUD 267,973 (48.5%) in retirement accounts, and AUD 45,750 (8.3%) in cash.

Investments

Since my last update, my investments increased with AUD 582 (0.24%).

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 -888 (-0.33%), 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 1,840 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,840/month
(4.0% SWR)
1,610/month
(3.5% SWR)
1,380/month
(3.0% SWR)


When can I retire?

FI date

March 2029

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 March 2029, 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 419,953


Financial independence forecast