Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 260,904 and my FI portfolio increased to AUD 260,904


Net worth

AUD 260,904

Since the last update on my net worth has increased with AUD 57,788 (+ 28.45 %).

FI portfolio

AUD 260,904

Since the last update on my FI portfolio has increased with AUD 57,788 (+ 28.45 %).

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.

I am now 17.4% on my way to achive my FIRE target of AUD 1,500,000. This is 3.9 percentage points closer, compared to the last net worth update.

AUD 260,904 FIRE target: AUD 1,500,000


17.4%


FI portfolio


My FI portfolio now consists of AUD 62,561 (24.0%) in investments, AUD 66,014 (25.3%) in retirement accounts, and AUD 132,329 (50.7%) in cash.

Investments

Since my last update, my investments increased with AUD 54,408 (667.34%).

Retirement accounts

Since my last update, my retirement accounts increased with AUD 12,720 (23.87%).




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


If I quit working today, my monthly pay out would be AUD 869 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
869/month
(4.0% SWR)
760/month
(3.5% SWR)
652/month
(3.0% SWR)


When can I retire?


FI date


My age

40

I am currently aiming to save/invest approximately AUD 7,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,500,000 in 3 years and 1 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another AUD 686,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 553,096


Financial independence forecast