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Net worth update per



This is SKY2024's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was AUD 2,949,137 and my FI portfolio was AUD 655,013.


Net worth

AUD 2,949,137

FI portfolio

AUD 655,013

I am now 18.7% on my way to achive my FIRE target of AUD 3,500,000.

AUD 655,013 FIRE target: AUD 3,500,000


18.7%

FI portfolio


My FI portfolio now consists of AUD 73,991 (11.3%) in investments, AUD 260,696 (39.8%) in retirement accounts, and AUD 320,326 (48.9%) in cash.




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



If I quit working today, my monthly pay out would be AUD 2,183 for the rest of my life.

Retire today with (AUD)
2,183/month
(4.0% SWR)
1,910/month
(3.5% SWR)
1,637/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately AUD 12,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 3,500,000 in 9 years and 3 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 1,368,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,476,987


Financial independence forecast