Net worth update per July 2nd 2024
This is Jigo's #32 net worth update. Please check out my profile here for more information. As of July 2nd 2024, my net worth increased to AUD 1,765,653 and my FI portfolio increased to AUD 784,622
Net worth
AUD 1,765,653
Since the last update on June 16th 2024 my net worth has increased with AUD 133,624 (+ 8.19 %).
FI portfolio
AUD 784,622
Since the last update on June 16th 2024 my FI portfolio has increased with AUD 45,749 (+ 6.19 %).
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.
The changes for each asset class is shown in the table below. All numbers are in AUD.
I am now 15.7% on my way to achive my FIRE target of AUD 5,000,000. This is 0.9 percentage points closer, compared to the last net worth update.
AUD 784,622 FIRE target: AUD 5,000,000
FI portfolio
My FI portfolio now consists of AUD 222,570 (28.4%) in investments, AUD 534,367 (68.1%) in retirement accounts, and AUD 27,685 (3.5%) in cash.
Since my last update, my investments decreased with AUD -3,179 (-1.41%).
Since my last update, my retirement accounts increased with AUD 24,047 (4.71%).
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 2,615 for the rest of my life.
Monthly SWR amount
Retire today with (AUD)
When can I retire?
FI date
February 2035
My age
47
I am currently aiming to save/invest
approximately AUD
20,000
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 5,000,000
in 9 years and 7 months,
in February 2035, and at that time I will be
47 years old.
By that time I will have invested/saved
another AUD 2,540,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
1,675,378