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Net worth update per


This is KR17's #52 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 489,976 and my FI portfolio decreased to AUD 269,891


Net worth

AUD 489,976

Since the last update on my net worth has decreased with AUD -2,966 ( -0.6 %).

FI portfolio

AUD 269,891

Since the last update on my FI portfolio has decreased with AUD -4,073 ( -1.49 %).

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 17,035 -347 16,688
Investments 29,217 -2,525 26,692
Retirement acc 227,712 -1,201 226,511
Real estate 1,305,000 0 1,305,000
Other assets 10,000 0 10,000
Total assets 1,588,964 -4,073 1,584,891

Mortgage 1,093,003 501 1,093,504
Other debt 3,019 -1,608 1,411
Total debt 1,096,022 -1,107 1,094,915
Change
Cash 20,235 -3,547 16,688
Investments 25,369 +1,323 26,692
Retirement acc 207,944 +18,567 226,511
Real estate 1,305,000 0 1,305,000
Other assets 10,000 0 10,000
Total assets 1,568,548 +16,343 1,584,891

Mortgage 1,097,869 -4,365 1,093,504
Other debt 2,822 -1,411 1,411
Total debt 1,100,691 -5,776 1,094,915
Change
Cash 5,000 +11,688 16,688
Investments 15,000 +11,692 26,692
Retirement acc 90,000 +136,511 226,511
Real estate 560,000 + 745,000 1,305,000
Other assets 10,000 0 10,000
Total assets 680,000 +904,891 1,584,891

Mortgage 503,000 590,504 1,093,504
Other debt 60,000 -58,589 1,411
Total debt 563,000 + 531,915 1,094,915

I am now 13.5% on my way to achive my FIRE target of AUD 2,000,000. This is -0.2 percentage points closer, compared to the last net worth update.

AUD 269,891 FIRE target: AUD 2,000,000


13.5%

FI portfolio

My FI portfolio now consists of AUD 26,692 (9.9%) in investments, AUD 226,511 (83.9%) in retirement accounts, and AUD 16,688 (6.2%) in cash.

Investments

Since my last update, my investments decreased with AUD -2,525 (-8.64%).

Since I started tracking, my total contributions have been AUD 3,732, and my total return has been AUD 7,646.

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -1,201 (-0.53%).

Since I started tracking, my total contributions have been AUD 23,316, and my total return is AUD 147,380.




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

If I quit working today, my monthly pay out would be AUD 899 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
899/month
(4.0% SWR)
787/month
(3.5% SWR)
674/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 16 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 208,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,522,109


Financial independence forecast