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This is KR17's #51 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 492,942 and my FI portfolio decreased to AUD 273,964


Net worth

AUD 492,942

Since the last update on my net worth has decreased with AUD -2,938 ( -0.59 %).

FI portfolio

AUD 273,964

Since the last update on my FI portfolio has decreased with AUD -5,923 ( -2.12 %).

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 17,884 -849 17,035
Investments 31,762 -2,545 29,217
Retirement acc 230,241 -2,529 227,712
Real estate 1,305,000 0 1,305,000
Other assets 10,000 0 10,000
Total assets 1,594,887 -5,923 1,588,964

Mortgage 1,094,877 -1,874 1,093,003
Other debt 4,130 -1,111 3,019
Total debt 1,099,007 -2,985 1,096,022
Change
Cash 20,235 -3,200 17,035
Investments 25,369 +3,848 29,217
Retirement acc 207,944 +19,768 227,712
Real estate 1,305,000 0 1,305,000
Other assets 10,000 0 10,000
Total assets 1,568,548 +20,416 1,588,964

Mortgage 1,097,869 -4,866 1,093,003
Other debt 2,822 + 197 3,019
Total debt 1,100,691 + -4,669 1,096,022
Change
Cash 5,000 +12,035 17,035
Investments 15,000 +14,217 29,217
Retirement acc 90,000 +137,712 227,712
Real estate 560,000 + 745,000 1,305,000
Other assets 10,000 0 10,000
Total assets 680,000 +908,964 1,588,964

Mortgage 503,000 590,003 1,093,003
Other debt 60,000 -56,981 3,019
Total debt 563,000 + 533,022 1,096,022

I am now 13.7% on my way to achive my FIRE target of AUD 2,000,000. This is -0.3 percentage points closer, compared to the last net worth update.

AUD 273,964 FIRE target: AUD 2,000,000


13.7%

FI portfolio

My FI portfolio now consists of AUD 29,217 (10.7%) in investments, AUD 227,712 (83.1%) in retirement accounts, and AUD 17,035 (6.2%) in cash.

Investments

Since my last update, my investments decreased with AUD -2,545 (-8.01%).

Since I started tracking, my total contributions have been AUD 3,732, and my total return has been AUD 7,960.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -2,529 (-1.1%).

Since I started tracking, my total contributions have been AUD 23,316, and my total return is AUD 113,195.




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

If I quit working today, my monthly pay out would be AUD 913 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
913/month
(4.0% SWR)
799/month
(3.5% SWR)
684/month
(3.0% SWR)


When can I retire?

FI date

My age

50

I am currently aiming to save/invest approximately AUD 1,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,000,000 in 17 years and 2 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 207,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,519,036


Financial independence forecast