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This is r46n4r0k's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 785,307 and my FI portfolio increased to AUD 630,257


Net worth

AUD 785,307

Since the last update on my net worth has increased with AUD 3,737 (+ 0.48 %).

FI portfolio

AUD 630,257

Since the last update on my FI portfolio has increased with AUD 2,487 (+ 0.4 %).

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 245,450 -175 245,275
Investments 21,000 -500 20,500
Retirement acc 361,320 +3,162 364,482
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,662,770 +2,487 1,665,257

Mortgage 881,200 -1,250 879,950
Other debt 0 0 0
Total debt 881,200 -1,250 879,950
Change
Cash 249,600 -4,325 245,275
Investments 14,540 +5,960 20,500
Retirement acc 350,559 +13,923 364,482
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +15,558 1,665,257

Mortgage 884,975 -5,025 879,950
Other debt 0 0 0
Total debt 884,975 -5,025 879,950
Change
Cash 249,600 -4,325 245,275
Investments 14,540 +5,960 20,500
Retirement acc 350,559 +13,923 364,482
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +15,558 1,665,257

Mortgage 884,975 -5,025 879,950
Other debt 0 0 0
Total debt 884,975 -5,025 879,950

I am now 52.5% on my way to achive my FIRE target of AUD 1,200,000. This is 0.2 percentage points closer, compared to the last net worth update.

AUD 630,257 FIRE target: AUD 1,200,000


52.5%

FI portfolio

My FI portfolio now consists of AUD 20,500 (3.3%) in investments, AUD 364,482 (57.8%) in retirement accounts, and AUD 245,275 (38.9%) in cash.

Investments

Since my last update, my investments decreased with AUD -500 (-2.38%), of which AUD 1,500 was from contributions, and AUD -3,089 was from returns.

Since I started tracking, my total contributions have been AUD 2,500, and my total return has been AUD -1,124.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 3,162 (0.88%), of which AUD 300 was from contributions , and AUD 1,783 was from returns.

Since I started tracking, my total contributions have been AUD 19,404, and my total return is AUD 28,140.




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

If I quit working today, my monthly pay out would be AUD 2,100 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,100/month
(4.0% SWR)
1,838/month
(3.5% SWR)
1,575/month
(3.0% SWR)


When can I retire?

FI date

My age

54

I am currently aiming to save/invest approximately AUD 2,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,200,000 in 7 years and 2 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another AUD 188,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 381,743


Financial independence forecast