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Net worth update per


This is swordy's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 1,371,250 and my FI portfolio increased to AUD 867,250


Net worth

AUD 1,371,250

Since the last update on my net worth has increased with AUD 26,209 (+ 1.95 %).

FI portfolio

AUD 867,250

Since the last update on my FI portfolio has increased with AUD 10,709 (+ 1.25 %).

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 50,000 0 50,000
Investments 556,541 +10,709 567,250
Retirement acc 250,000 0 250,000
Real estate 620,000 + 15,000 635,000
Other assets 50,000 -5,000 45,000
Total assets 1,526,541 +20,709 1,547,250

Mortgage 180,000 -4,000 176,000
Other debt 1,500 -1,500 0
Total debt 181,500 -5,500 176,000
Change
Cash 50,000 0 50,000
Investments 556,541 +10,709 567,250
Retirement acc 250,000 0 250,000
Real estate 620,000 + 15,000 635,000
Other assets 50,000 -5,000 45,000
Total assets 1,526,541 +20,709 1,547,250

Mortgage 180,000 -4,000 176,000
Other debt 1,500 -1,500 0
Total debt 181,500 -5,500 176,000
Change
Cash 50,000 0 50,000
Investments 556,541 +10,709 567,250
Retirement acc 250,000 0 250,000
Real estate 620,000 + 15,000 635,000
Other assets 50,000 -5,000 45,000
Total assets 1,526,541 +20,709 1,547,250

Mortgage 180,000 -4,000 176,000
Other debt 1,500 -1,500 0
Total debt 181,500 -5,500 176,000

I am now 33.4% on my way to achive my FIRE target of AUD 2,600,000. This is 0.4 percentage points closer, compared to the last net worth update.

AUD 867,250 FIRE target: AUD 2,600,000


33.4%

FI portfolio

My FI portfolio now consists of AUD 567,250 (65.4%) in investments, AUD 250,000 (28.8%) in retirement accounts, and AUD 50,000 (5.8%) in cash.

Investments

Since my last update, my investments increased with AUD 10,709 (1.92%).

Retirement accounts

Since my last update, my retirement accounts decreased with AUD 0 (0.0%).




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

If I quit working today, my monthly pay out would be AUD 2,890 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,890/month
(4.0% SWR)
2,529/month
(3.5% SWR)
2,168/month
(3.0% SWR)


When can I retire?

FI date

My age

44

I am currently aiming to save/invest approximately AUD 1,500 each month.

Assuming an annual return of 13% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,600,000 in 6 years and 8 months, in , and at that time I will be 44 years old.

By that time I will have invested/saved another AUD 144,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,588,750


Financial independence forecast