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Net worth update per


This is KR17's #59 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 698,570 and my FI portfolio increased to AUD 320,319


Net worth

AUD 698,570

Since the last update on my net worth has increased with AUD 32,872 (+ 4.94 %).

FI portfolio

AUD 320,319

Since the last update on my FI portfolio has increased with AUD 31,329 (+ 10.84 %).

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 9,274 +18,022 27,296
Investments 27,173 +4,354 31,527
Retirement acc 252,543 +8,953 261,496
Real estate 1,455,000 0 1,455,000
Other assets 10,000 0 10,000
Total assets 1,753,990 +31,329 1,785,319

Mortgage 1,087,435 -706 1,086,729
Other debt 857 -837 20
Total debt 1,088,292 -1,543 1,086,749
Change
Cash 20,235 +7,061 27,296
Investments 25,369 +6,158 31,527
Retirement acc 207,944 +53,552 261,496
Real estate 1,305,000 + 150,000 1,455,000
Other assets 10,000 0 10,000
Total assets 1,568,548 +216,771 1,785,319

Mortgage 1,097,869 -11,140 1,086,729
Other debt 2,822 -2,802 20
Total debt 1,100,691 -13,942 1,086,749
Change
Cash 5,000 +22,296 27,296
Investments 15,000 +16,527 31,527
Retirement acc 90,000 +171,496 261,496
Real estate 560,000 + 895,000 1,455,000
Other assets 10,000 0 10,000
Total assets 680,000 +1,105,319 1,785,319

Mortgage 503,000 583,729 1,086,729
Other debt 60,000 -59,980 20
Total debt 563,000 + 523,749 1,086,749

I am now 16.0% on my way to achive my FIRE target of AUD 2,000,000. This is 1.6 percentage points closer, compared to the last net worth update.

AUD 320,319 FIRE target: AUD 2,000,000


16.0%

FI portfolio

My FI portfolio now consists of AUD 31,527 (9.8%) in investments, AUD 261,496 (81.6%) in retirement accounts, and AUD 27,296 (8.5%) in cash.

Investments

Since my last update, my investments increased with AUD 4,354 (16.02%).

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 increased with AUD 8,953 (3.55%).

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 1,067 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
1,067/month
(4.0% SWR)
934/month
(3.5% SWR)
800/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 15 years and 9 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another AUD 195,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,484,681


Financial independence forecast